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In the 1990's what were the levels of U.S. imports and exports during this time. How do they relate to other economic outcomes such as the GDP, foreign exchange rates, and so on?
Suppose that two firms compete simultaneously in quantities. The inverse demand function is given by P = 12 - Q where Q = Q1 + Q2 is the sum of the quantities produced by firms 1 and 2 respectively. Assume also that these firms have NO COSTS. If firm..
What effects would each of the following have on aggregate demand or aggregate supply? In each case use a diagram in your notes to determine the expected effects on the equilibrium price level (P) and level of real output (Q). For each of the economi..
Suppose the tax on liquor is increased so that the tax goes from being a "medium" tax to being a "large" tax. As a result, it is likely that:
Based on the type of business the organisation does/is, what would be the best way to either introduce or improve its mobile Web site?
Suppose a textbook publisher historically sells an econ book alone but then markets the new edition of the boo only as a bundle with an online hw supplement. Answer 2 parts: define bundling. discuss what consumer and market characteristics are needed..
The demand function for bicycles in Holland has been estimated to be. Where Y is income in thousands of euros, Q is the quantity demanded in units, and P is the price per unit. When P = 150 euros & Y = 15(000) euros, determine the following: Price el..
q.paul owns a home on the top of a hill and enjoys an unobstructed view of a large wooded area. the view was a large
The only case for which the bond price does not react to a change in the market interest rate is when
Suppose the Fed tries to prevent the increased government demand for loanable funds from raising interest rates by increasing the supply of loanable funds through and expansion of commercial bank loans. Will this Fed policy succeed in preventing inte..
Explain each of the four components of GDP. An individual has 10$ million on deposit in a financial institution drawing interest. That individual has no reason to fear inflation or recessions.
Both the database and the ERP software runs on an operating system like Oracle, SAP or NetSuite. During the testing step of the ETL process, the data in normalized. ETL is a database process designed to standardize data across systems. It stands for ..
Suppose a nation picks 1000 young adults at random to serve in the army. Illustrate what information do you need to determine the cost of using these people in the Army.
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