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Judging from colonial history, it seems that the term "United" States is kind of mistaken. In what ways were the colonies very different from one another? Discuss your opinion about why these differences were important? What about today? Is the US 'U?' Why or why not?
Assume that for the last worker hired MPL=4, MR=2, and W=4, and if one more worker is hired MPL=3, MR=2, and W=4. Given this information, the firm- should leave employment unchanged, should increase employment.
An automobile plant is capable of manufacturing 40 sport utility vechicles in 24 hours. this details the manufacturing plant's
Bank regulators are required to examine and report on the health of financial institutions. How does the bank reserve ratio requirement affect its lending ability? How do “sweep” accounts help banks avoid their reserve requirements? How do money mark..
a. Derive the absolute price of a gram of protein. b. Derive the absolute price of a gram of carbs.
Suppose that inflation is 2 percent, the Federal funds rate is 4 percent, and real GDP falls 2 percent below potential GDP. According to the Taylor rule, in what direction and by how much should the Fed change the real Federal funds rate?
Compute the (point) price elasticity of demand when price is $700. Is demand elastic or inelastic. Find the point at which point elasticity is equal to -1.
a) What is a fixed exchange rate and how is its value fixed? b) What is a flexible exchange rate and how does it work?
Suppose that there is an increase in the demand for personal computer systems. Explain the likely effects on marginal revenue product, marginal factor cost, and the number of workers hired by the firm.
From a social perspective, is the outcome of a Hoteling model without price competition efficient?
Explain supply, demand, equilibrium, surplus and shortage. Explain the non price determinants that can shift the supply and demand curves. Explain the concepts of price ceilings and price floors.
Why monetary policy conducted independently in the United States and is the intended effect always achieved or why not.
What is the MC of producing an additional engine? What is the MC of producing an additional cycle? Find the firm's profit-maximizing quantity and price.
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