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demand for a good of an industry is given by the equation pq=100, where p is the price and q is quantity and supply is given by the equation 20+3p=q. find out the equation price and quantity
Identify one positive or negative supply shock in the last decade and what is the impact that the shock has had in our economy.
The banking system is a fractional reserve banking system with a desired reserve deposit ratio. Banking system is a fractional reserve banking system.
Compute new supply of $ at each exchange rate and graph the new supply curve.
Assuming that the income effect is negligible, how much will he be hurt if the cost of strawberries goes from $1 a pint to $2 a pint.
Borrow from the nation with the lower nominal interest rate, invest in the nation with the higher nominal interest rate and profit from the interest-rate differential.
Suppose sellers of liquor are required to send $1.00 to the government for every bottle of liquor they sell. Further, suppose this tax causes the price paid by buyers of liquor to rise by $0.60 per bottle. Elucidate which of the following statemen..
GDP also consumption both rose by $8 billion in the second round, Illustrate what would have been the size of the multiplier.
The municipal swimming pool charges lower entrance fees to local residents than to non-residents. Conclude that non-residents must have for swimming at the pool than residents.
Elucidate the fact that the cross-price elasticity of natural gas with respect to the price of fuel oil.
Assume which two people, Michelle also James every live alone in an isolated region. They every have the same resources available also they grow potatoes also raise chickens.
Compute the equilibrium level of income. Illustrate what is the level of consumption at the equilibrium level of income.
what is the approximate real rate of interest. Illustrate the exact real rate.
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