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How is the growth of the labor force helping to prevent inflation? support the answer with a graph
What would happen if aggregate demand continued to expand but the growth of the labor force slowed? how would this situation be depicted graphically?
If the firm sells output in a perfectly competitive market and other firms in the industry sell output at a price of $35, what level of output should the firm produce to maximize profits or minimize losses? What will be the level of profits or losses..
q1. q10000-1000p0.05pop0.610.3awhere q is quantity p is cost pop is population i is disposable income per capita and
What role did Red cloud play in the factional splits that occurred in the late 1860s and 1870s.
Assume a US saver with $1,000 to place in a domestic or European bank CD. The interest rate for US and European savings equals 4%. If the saver keeps her money in the US, her return equals ____. If the saver moves her money to Europe with a forward t..
Politicians are often heard saying that tuition at state universities should be kept low "to make education equally accessible to all residents of the state, regardless of income." Think about the flu shot in the context of a public good. What are th..
The government releases a report saying that drinking coffee makes you live a longer, healthier life. At the same time, we discover that a very bad winter has killed most of the coffee plants in Brazil. How will these two changes affect the equilibri..
Find the equilibrium price and quantity. If the current price of the good is $100, what is the quantity demanded? What is the quantity supplied? How would you describe this situation? Equilibrium? Shortage? Or Surplus? What would you expect to happen..
Suppose you have $120 to spend on food and clothing. The price of food is $4 and the price of clothing is $8. a, Graph your budget constraint; calculate the slope of it. b, Briefly explain why your optimal choice is the point at which your budget con..
Describe the relevant criteria that the Australian Bureau of Statistics use to determine whether a person is ‘unemployed' and what problems do you see using this measure?
The consumer optimum: Kati-Lyn has to choose between eating Chinese food and Indian food. Both Chinese and Indian food cost the same. Which of the following equations, where MU is marginal utility and U is total utility, will lead to the optimal leve..
What microenvironment factors have affected Sony’s performance since 2000? What macro environmental factors have affected Sony’s performance during that period? What stands in the way of Sony’s success today?
Maintenance of forklift is $400 prr year during Years 1 and 2 while the warranty is in place. In Year 3 it jumps to $750 and increases $200 per year thereafter. What is the optimal life of the forklift?
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