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During the last 10 years Orlando, Florida, grew rapidly, with new jobs luring young people into the area. Despite increases in population and income growth that expanded demand for housing, the of price of existing houses barely increases. Why? Illustrate your answer with supply and demand curves?
you are a newspaper publisher. you are in the middle of a one-year rental contract for your factory that requires you
suppose that the following equations describe an economy. c i g t and y are measured in billions of dollars and r is
Explain how inflation affects consumption in a cash in advance model (with transfers). What causes this to happen and explain how a government collects revenue via seigniorage
Changes in the macroeconomy
Explain why in a monopolistic industry, if demand and cost curves are the same as those of a competitive industry, and if the demand curve has a negative slope and the supply curve has a positive slope, then monopoly output will be lower and price..
A firm contemplating replacing a computer (D) it purchased three years ago for 6,000. In two year it will have a salvage value of 800. Operating maintenance costs have been 1,000 per year.
Suppose we have an unrestricted model (i subscripts are omitted) Y =β1 + β2X2 + β3X3 + β4X4 + β5X5 +u Write down the restricted models and m (number of restrictions) for the following null hypotheses. Make sure your answer is a regression equation..
What are procyclical industries? Countercyclical industries?
When the price of X is $1 and the price of Y is $1 and income is I, Joe Panther spends $100 on good X. How many units of goods X and Y does Joe purchase before the price increase and finding the $100.
A friend of your is considering two cell phone service providers. Provider A charges $120 per month for the service regadless of phone calls made. Provider B does not have a fixed service fee but instead charges $1 per minute for calls.
suppose the equation for demand can be expressed as p 120 -.65q p price of a good and q is the quantity of the good
be substantive and clear and use examples to reinforce your ideas. because you just came on board the chief executive
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