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How does a government budget surplus affect the U.S. economy? Identify two periods in recent history in which the United States has run budget surpluses. What were the reasons for the surpluses during those time periods? Original answers please, not copy and paste.
To critically evaluate Coursera's competitive strategy in relation to MOOCs industry and other traditional higher education providers (e.g., universities). Relevant concepts/theory should be used in the evaluation (e.g., Porter generic strategy or..
will have to rise the money supply to keep the price level from falling.can keep the price level stable without altering the money supply or interest rate.
There are 10,000 identical individuals in the market for medical service X, each with a demand function given by Qdx=12-2Px and 1,000 producers of medical service X each with the function Qsx=20Px. Find the market demand function and the market suppl..
If the US were to triple the amount of food stamps and housing assistance, then the direct and immediate effect on US poverty rates as officially measured would be:
Prior to its establishment in 1994, NAFTA had some strong opposition from several high-ranking politicians - many of whom feared the loss of American jobs to Mexico where it is much cheaper to hire workers. What are the strengths and weaknesses of su..
Suppose that the government increases taxes by $150 billion. Suppose that the MPC is .80 and that there is no crowding out effect. Which is the effect of this change in Yd, in C and aggregate demand?
In "In Praise of Big Brother" (pp. 203-215), James Stacey Taylor argues for the optimistic conclusion that, with the right legal and procedural safeguards, large-scale governance surveillance would have many positive consequences. What are Taylor's b..
Use the following to answer the questions below: z is the marginal utility per dollar, x is the amount spent on product A, and y i the amount spent on product B. Assume MUA = z = 10 x and MUB = z = 21 2y. Assume that the consumer has $10 to spend on ..
The CPI for 1960 was 29.6 and the CPI for 2015 was 237. What was the average annual rate of inflation for consumer goods between 1960 and 2015? A loaf of bread sold for about 20 cents in 1960. What did a loaf of bread cost then in terms of 2015 dolla..
Consider a country that is operating with a fixed exchange rate under conditions of perfect mobility. Explain what effects you would expect an in increase in world interest rates to have on the equilibrium values of the following domestic macroeconom..
How would your answer to Part A change if economic growth is average and Petal Providers' net profit margin is 7 percent?
You are the manager of a monopoly that sells a product to two groups of consumers in different parts of the country. Group 1’s elasticity of demand is -6, while group 2’s is -3. Your marginal cost of producing the product is $70. Determine your optim..
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