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If an economy experiences an increase in its capital, everything else constant, then its production possibilities frontier (PPF) will a. Expand outward proportionally b. Expand outward largely in the direction the labor intensive good. c. Expand outward largely in the direction of the capital intensive good. d. Not expand until labor grows
Using general equilibrium analysis, graph and explain the effects of a small country levying a tariff on a -good. What may be some of the long term effects not addressed by general equilibrium analysis?
Illustrate what basic principles does production possibilities (or transformation) curve. Consider where an increase in production of one good requires an increase or decrease in production of or goods when K and L are held constant.
q.a friend of yours is considering two providers of cell phone services. provider a charges 120 per month for the
Do you think the industry environment is significantly different today explain.
For each of the determinants of demand in Equation identify an example illustrating the effect on the demand for hybrid gasoline-electric vehicles.
You and a friend have each spent $8 on a non refundable movie ticket. Ten minutes into the movie, you both decide that the movie is horrible. Your friend says that you should stay and watch the rest of the movie because you “should get your money's w..
M. Poirot wishes to sell a bond that has a face value of $1,000. The bond bears an interest rate of 11.45% with bond interest payable semi annually. Six years ago, $829 was paid for the bond. At least a 12% return (yield) on the investment is desired..
Which of the following is a true statement about? self-interest as used in the study of? economics?
Assume in this country they save 20% of their income, population grows at 3% every year also depreciation of capital occurs at 10% every year.
Calculate the trade balance among the U.S. also China for the period. Analysis by using appropriate examples.
Which of the following is an ultimate objective of the Federal Reserve?
Plot Vanessa's budget line by clicking on the two endpoints. The data-plotting tool will automatically connect the points with a line.
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