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Economics - Macroeconomics - Supply and Demand
What is the difference between a movement along and shift of the demand curve and supply curve? How does a surplus or a shortage of a good or service affect the market price?
Illustrate what are those key objectives and what are the key tools does the Fed use to achieve those objectives.
Describe (in a sentence or two) the short run profit maximization condition when labour is the only variable input? What will happen to the labour demand if price of the output goes up?
Calculate the labor rate also efficiency variances for the month. Was paying workers the actual wage rather than the standard wage an efficient strategy for Loring.
Elucidate what determines the rate of inflation when the economy is at long-run equilibrium.
Elucidate your own words why even long term heavy drinkers might be highly responsive to increases in the price of alcohol.
In a few weeks Professor Smith will be taking his daughter Attilla to the State Fair. Calculate the Marginal Rate of Substitution (MRS).
Major multinational company such as Acme (some of which are listed below) attempt to track the relative movements and magnitudes of global capital investment.
rise in government spending increase employment and aggregate output in the short-run. Show graphically and use the GDP equation to support your answer.
Compute the equilibrium interest rate. Compute the amount of investment demand, private saving, and national saving at the equilibrium interest rate.
A firm has offices in London and New York. Fractional units of labor can be employed in each location (as part-timers can be hired) and the headquarters could be in either city.
What is the profit-maximizing price to charge a Texan for a car wash? What is the profit-maximizing price to charge a Californian for a car wash?
What is the equilibrium price and quantity. Illustrate what will sales be if the price is dropped to $20.
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