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A new car company is deciding to enter the US market and to produce all of their cars in the US. They need to decide how many factories to build. All of the factories would be identical, each having the following cost function:
C(Q) = (1/3) Q3 - 10 Q2 + 150 Q.
What phase of business cycle is the US currently in? Explain in detail. Determine the latest GDP of the United State? How has the GDP changed since the 2007?
What is the competitive equilibrium price per ride? What is the equilibrium number of rides per day? What is the minimum number of taxi cabs in equilibrium?
1) How does using monetary policy to stimulate the economy work 2) Explain what the Breakeven rate of Growth is. 3) Explain why frictional rates of Unemployment vary by nation. What is Ivory Towerism and why is it dangerous
There is always debate regarding the structure of current income tax system in United State Many opponents of the current system argue that under its current structure,
what would happen to the yield curve if investors were concerned about stability in foreign countries and rushed their money into the U.S to buy long-term treasury securities how would you expect the term premium to change
In a market demand and supply equations are: The demand curve is given as: P = 68 - 2Q The supply curve is given as: P = 20 + 2Q. Assuming a perfectly competitive market, (Please show all your work):
PAF 9130 - Economic Analysis of Public Policy Fall 2016 Problem Set. A country which does not tax cigarettes is considering the introduction of a $0.40 per pack tax. What are the equilibrium values in the current environment with no tax
An increase in the aggregate demand for goods and services will result in an increase in the amount of output firms are willing to produce, and this increase in output will be accompanied by: a. a decrease in the inflation rate.The long-run aggrega..
Americans are known for their long-term love affair with their cars. But as gasoline prices soar and concern about the environment mounts, the need to conserve gasoline has become increasingly clear.
Suppose that two years ago, you purchased a Jeep Wrangler SE 4WD with a soft top for $16,500 using five year interest-free financing.
When output is too low, what is needed is an increase in demand for goods and services. Investment is one component of demand, and saving equals investment. Therefore, if the government could just convince households to attempt to save more, then inv..
Assume the population over age 16 is 160 million, number of discouraged employees is 10 ml, the labor force is 110 ml and the total employment is 90 ml.
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