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Where would each of the items be included in M1, M2, or M3? Would any of the items not be included at all in these money supplies. Why? Items: clothes, real estate, bank CDs for $1000, $100 in cash, Credit card balance of $500 and a 1968 Ford Mustang.
When the price of natural gas is 3.71 per mcf, an average household uses 4.67 mcf. When the price of natural gas is 4.58, an average household uses 3.52 mcf. Calculate the intercept of the linear function that describes this relationship. The price o..
Show how the transaction would have been recorded in the German balance of payments accounts. What was the net effect on the German balance of payments.
If the government tightens up on drug dealers and raises the costs of dealing illegal drugs, then the drug addicts' dollar expenditures to feed their addiction will tend to:
Analytical essay about "Why bother with theory in IPE? The essay should deal with a brief description and critical assessment of the four major theoretical perspectives discussed in class. What are "liberal" (also related to Keynesianism", "neolibera..
If direct material and labor cost is not the major component in the cost structure, it is more appropriate to use activity based costing to allocate the overhead cost. By life cycle viewpoint, salvage value summarizes all the costs and revenues occur..
Illustrate what is the practical significance of income elasticity coefficients. Explain the significance using as examples an income elasticity.
State in words and show with a graph the effect of the following events on equilibrium price and quantity of the market given The price of cheese increases. Market: Pizza A study is released showing that eating apples causes caner. Market: Apples Inc..
Why do points on a utility possibility curve represent efficient allocations of resources? Why must the utility possibility curve be downward sloping.
Explain how the average rate of per capita income in south africa between 1960-1991 compered to 1991-2010.
Suppose the residents of Toadhop live on the Quabache River which is a river prone to flooding. Suppose there are 1000 (type A) people who value flood control more than 1000 (type B) people. If the citizens of Toadhop do not work together, what is th..
Illustrate would be its profit-maximizing cost if the company were to build the bridge.
Suppose that a 20% increase in the price of gasoline causes a 5% decrease in the consumption of gasoline and a 30% drop in the sales of SUVs. What can you say about elasticities?
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