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How did U.S. prices changes in July? How did household incomes change in July? Given this information, what most likely happened to the average U.S. household's marginal propensity to consume (mpc) in July?
Should the Fed purchase or sell bonds to achieve this change?
Pretend a company issues a zero-coupon bond that pays $3,000 in a year's time. The company issues a low-risk bond that competes with saving accounts offered by banks. Assume banks offer the interest rate of 4%. Price of this bond is equal to...?
Which of the following would most likely be identified as being the ultimate goal of public policies that pertain to technology?
the firms such as monopolies or those under imperfect competition sell different or "differentiated" products. They have to select the price which suits them best, presumably ones which maximize profits.
A seller uses a second-price sealed-bid auction to sell a painting to two bidders. The seller claims that the painting was drawn by a famous painter, say Monet. Both bidders are not sure about the seller's claim
Explain the relationship between the price elasticity of demand and total revenue. What are the impacts of various forms of elasticities (elastic, inelastic, unit elastic, etc.) on business decisions and strategies to maximize profit? Explain your..
Kimberly MacKenzie, president of Kim's Clothes Corporation, a medium-sized manufacturer of women's casual clothing, is worried.
What is the difference between direct and indirect price discrimination? How can firms use information regarding the "willingness to pay" of consumers.
Describe the need for federal government interventions in these crisis.
Discuss the advantages and/or disadvantages of distributing marketable pesticide permits to each farm operating in the watershed equal to 40% of its current level of use of that pesticide, versus simply ordering each farm to reduce pesticide use t..
"A substantial number of relatively unskilled persons reported that they can't find work. At the same time, there're many unfilled jobs for relatively skilled people. Apparently, the problem is that there're more unskilled peop..
Consider the market for economictextbooks. Explain whether the following events would causean increase or a decrease in the supply or an increase or adecrease in the quantity supplied. The market price of paper increases.
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