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Using the Classical Full-Employment Model, demonstrate via the three diagram setup (labor market, product market & capital market) the impact of:
Yet another alien ship crashes in Roswell. The debris field is contaminated with an extraterrestrial viral agent that unleashes a national pandemic. The symptoms of the Ebenezer Scrooge Syndrome (ESS) include compulsive parsimony and fortitude culminating in an increased propensity to save.
Calculate the internal rate of return and the net present value to determine the desirability of this investment.
What is the difference between deliberate strategies and emergent strategies? How might emergent help with a future strategic planning process? what are the potential consequences of ignoring emergent strategies?
The concept of balance of power is fundamental in international relations. What does it mean? How meaningful can it be at the beginning of the 21st century, given the impact of globalization and modern warfare in which one's opponents may not be atta..
Compute the price, output, and profit contribution if the product is not certified.
q1. consider the electoral competition model with three candidates we saw in lecture 3. extend the model to incorporate
A monopolistic firm faces the following demand curve. What price should this monopoly charge to maximize its profit? What would be its equilibrium profit? What price should it charge if it were to maximize its revenue? What would be its profit if it ..
In an attempt to increase revenues and profits, a firm is considering a 4 percent increase in price and an 11 percent increase in advertising. If the price elasticity of demand is -1.5 and the advertising elasticity of demand is +0.6, would expect an..
How large is the money multiplier when the required reserves ratio is 0.10? If the required reserves ratio increases to 0.125, what happens to the money multiplier?
Price elasticity of demand is 1.5 and a firm raises its price by 20 percent the quantity sold by the firm will ceteris paribus.
q1. suppose a consumer is at an optimum consuming 6 hamburgers a week at a price of 1.50 each and 10 donuts a week at
Elucidate why might an economist be skeptical of Billy's discrimination complaint. Billy works for the local piano-moving company part-time after school.
A supplier of a factor of production has a reservation price of $100. The purchaser of the factor of production has a reservation price of $200. If the factor of production is unique, then: Ingrid has been waiting for the show "Mamma Mia!" to come to..
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