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Q1. If the aggregate-demand curve is given by the equation P=400-(2xY) and long run aggregate supply=100 the long run equilibrium price levels equal?
Q2. Explain how has the recent natural disaster in Japan influenced the provider of Toyota automobiles? Illustrate the effect using the demand and provide model?
Q3. Country A has marginal product of labor of 10 and wage rate of $20/L. Country B has a marginal product of labor of 2 and a wage rate of $5/L. Which country has the lower marginal cost?
Clarify why you chose this agency as well as what the impacts to you have been. Do you consider the impact to be positive or negative.
Illustrate the expected total monetary loss under 4% of annual interest rate if this park is permanently closed this year.
Illustrate what are the new long-run equilibrium values of these three variables.
Explain why the food stamp program can have the same effect on the consumption pattern and well-being of recipients as an outright.
Explain how much he finishes up paying each provider every month. Explain how much customer extra he obtains with each provider.
What factors underlie whether specialization in production will be partial or complete on an international basis.
How can the issue, perspective, concept or model enhance and enrich understanding of International Economics.
Suppose now the price of a cell phone minute falls to $.50 per minute. Show how this will change the budget line.
Does the existence of poverty imply that our socioeconomic system is unjust. Does the concentration of poverty in certain groups make it more unjust than it would be otherwise.
How does theory hypothesize that a current account trade deficit will be resolved.
Report demand graphic as well as independent variables that are relevant to absolute a demand analysis providing a rationale for the selection of the variables.
The average consumer income is $20,000, and the price of the related good is $1.10. Compute the predicted quantity demanded of X at these prices and income.
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