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You are a designer of children's clothing and decide to open a children's clothing store. You find a nice space in a local mall and agree to sign a one-year lease agreement that runs from September 1 to August 31. The lease agreement specifies that the lease cannot be assigned without the mall's consent. In late May, you decide that this space is not attracting enough customers, so you decide to assign the balance of your lease to Priscilla, who owns a candle shop. The mall objects to the assignment and denies Priscilla access to the space. You are certain that Priscilla is financially sound and should be allowed the full rights and privileges of an assignee.
One of the major issues in macroeconomics is disagreement in debate over policy activism vs. policy rules. What exactly is that disagreement?
What impact, if any, will this have the firm's AFC (average fixed cost), AVC (average variable cost), ATC (average total cost) and MC (marginal cost) and therefore these cost curves? Why?
Under current law, most Social Security recipients do not pay federal or state income taxes on their Social Security benefits. Suppose the government proposes to tax these benefits at the same rate as other types of income.
Which is more likely to return the European economy to long term growth, austerity (reducing public debt) or deficit finance (increasing public debt)? Use economic models to analyse this question.
Explain they aim for a higher or lower target inflation rate. Will higher growth be achieved in the short run and the long run.
Illustratr what is there is an increase in the supply of money.
Illustrate what has happened to the price and quantity of the substitutes and complimentary goods/ services for your selected product over the last year.
Since identifying the M D curve is difficult, the overnight interest rate is often used as the primary method of implementing monetary policy, whereas the money supply is kept fixed. Explain whether this statement is correct or incorr..
Propylene is used to make plastic. The propylene industry is perfectly competitive and each producer has a long run total expenses function given through
Explain how the distinction between expected and unexpected inflation is important to the distributional effects of inflation.
Discuss why the number of children that a family has may differ between an Industrial Society and a Third World Agrarian Society.
Estimating the demand for money and plotting a demand curve for that estimation based on the equation: M1=a+b1(interest)+b2(time). Where a is the intercept value for the demand curve
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