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Suppose the World Bank provides a poor country with equipment on indefinite loan.
a) What is the effect on the real wage and hours worked in the short run? b) What is the effect on the real wage and hours worked in the long run? Explain your answers.
Banking crises crisis decreases depositors' confidence in the banking system. What would be the effect of a rumor about a banking crisis on checkable deposits in such a country?
All semester we have been tracking the economy to discern where it currently resides along the business cycle and where it seems to be headed over the next 6-9 months.
Overview of the project's objectives and scope
The demand function for VCRs has been estimated to be Qv = 123 - 1.7Pt + 46 Pm - 2.1Pv -5M, where Qv is the quantity of VCRs,Pt is the price of a videocassette, pmis the price of a movie, Pv is the price of a VCR, and M is income.
Suppose two identical firms produce widgets and they are the only firms in the market. Find the Cournot-Nash equilibrium.
A tariff I ssimply a tax on imports. Use our model of the excise tax (with diagram) to expain why domistic firms request that tariff? Consider both the domestic and the foreign country in your answer
The advent of the one man bus involved more capital equipment: an automatically operated coin box and door control device - to name two of the capital goods that replaced the conductor."
Explain why you would be more or less willing to buy a share of Apple Computers stock in the following situations:
Suppose that in the market for comic book illustrators the substitution effect dominates the income effect While visiting Comic Con.
Explain why a monopolist will never set a price (and produce the corresponding output) at which the demand is price-inelastic.
What are the FC, ATC, AFC, AVC and MC at these output levels?
What are those key objectives and what are the key tools the Fed plans to use to achieve those objectives?
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