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Question: How does the fuel consumption of a car change as its speed increases? i) Always increases ii) Always decreases iii) Decreases when the speed is lower than 60, but increases when it is higher than 60 iv) There is no relationship between fuel consumption and speed
Home (H) and Foreign (F) produce autos and shirts using capital (K) and labor (L). Autos are capital intensive relative to shirts. Draw a PPF-Budget Constraint-Indifference Curve diagram for each country that shows the autarky (no-trade) equilibrium,..
Assume the economy has a GDP of $11,500 billion. The unemployment rate is at 7.3% and has been slowly rising for the last 6 months. Inflation was at 2.3% one year ago but has since dropped to near 0%. The MPC in the economy is .75 and the natural rat..
The use of tables and/or charts to display economic data over the time period discussed is highly encouraged, you may submit any economic data in Microsoft
Tom borrowed money to purchase stocks and taxable corporate bonds. During 2014 Tom paid $10,000 interest on this loan. Janice’s gross income in 2014 included $40,000 of wages, $5,000 of interest and $2,000 of capital gain taxed at the lower capital g..
What would happen if the Free Zone in central bank lowered the federal funds rate and buy securities on the open market? b-recommends that the central bank sua or lower the federal funds rate? why?
We are trying to aggregate the preferences of three different individuals (Anna, Brian, and Chris) over three alternatives (movies, sports, and clubbing) in a democratic way. When we aggregate, we say that A is preferred to B if the majority prefers ..
If a monopolist produces clear spring water at zero total cost, its total revenue will be maximized where, The price elasticity of the firm's demand curve is equal to one
An electric power plant uses solid waste as its fuel for generating electricity. The total cost in dollars per hour of producing electricity is TC = 12+0.3D+0.27D2. The utility can sell electricity at a price per hour determined by p=15-0.2D. F5. Wha..
a. Based on the supply curve above, what is the relationship between good X and good Z?
Sean earns $7,000 a month. He pays $3,000 for entertainment, food, utilities, and transport and saves $500. His mortgage payment is $600. His credit card paymen
1. Briefly, describe monopsony (provide a real life example) 2. Briefly, describe network externality (provide a real life example)
Comment on the effect of Covid -19 on the market price of banking shares and non-performing assets?
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