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Using the Supply and Demand model, explain how higher food prices and changes in consumer spending will impact the predicted market price of fast food. Are consumers shifting their demand curves or are they moving along the curve as a reaction to price changes? Based on this, will fast-food prices increase, decrease, or not change.
Assume that a country's inflation rate was 100 percent per year in both 1990 and 2000 but that inflation was falling in the first year and rising in the second.
What is the most important guiding principle when choosing the correct size of catheter?
When a process ?rst starts execution, how would you characterize the page-fault rate? Once the working set for a process is loaded into memory, how would you characterize the page-fault rate?
What is a subliminal advertisement? Give some examples of this type of advertisement. Do you think this kind of advertisement is immoral? Explain your answer.
Compute the incremental gain Fluff Rite would earn by customizing its poppers and marketing directly to retailers.
Its operation will result in a net income of $6,000/Yr for the first year. Draw the cash flow diagram for this project. Calculate the NPW.
Assume demand and supply conditions in the competitive market for unskilled labor are as follows.
Explain the role of movements in the relative price of non-traded goods for real exchange rate fluctuations, using a simple decomposition of the real exchange rate into two parts to illustrate your answer.
Suppose that the government increases taxes and government purchases by equal amounts. What happens to the interest rate and investment in response to this balanced-budget change Does your answer depend on the marginal propensity to consume
How do shifts in aggregate demand lead to short run fluctuations? Explain and support your answer with adequate graph. Explain what happens in the AD-AS model if there is a negative supply shock such as an increase in the oil prices.
How this changes in the minimum wage, could possibly affect the unemployment rate? What will be the macroeconomic effects, of minimum wage change in the economy?
The marginal propensity to import increases from 0.3 to 0.4. Find the new multiplier of the economy and explain why the multiplier has changed.
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