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Q. Assume the current cost of gasoline at the pump is $1 per gallon also those 1 million gallons are sold per month. A politician proposes to add a 10¢ tax to the cost of a gallon of gasoline. She says the tax will generate $100,000 tax income per month (1 million gallons × $0.10 = $100,000). Illustrate what assumption is she making?
Q. If lots of people want Euros also Euros are in short supply also a few people want Japanese yen also yen are in plentiful supply the euro is likely to?
Illustrate what will be the total consumer surplus to those consumers.
Me Lisa purchases shares in government bond mutual fund .is this included in the aggregate demand component investment.
Give some illustrations of managerial decision situations in that you think the linear programming technique would be utilize.
Has consumer surplus been affected in any way due to the changes in the auto structure of industry
If summer's supposition is correct, then we should expect for wealthier countries to have cleaner environments other things equal.
Talk about the ramifications involved in conducting business under both/either scenario.
Forecasters predictions of inflation are notoriously inaccurate, so their expectations of inflation cannot be rational.
The banking system is a fractional reserve banking system with a desired reserve deposit ratio. Banking system is a fractional reserve banking system.
If the number of labor hours increases by 10% and the number of hours of capital used decreases by 10%, what is the percentage change in output.
What is output that should be produced to achieve economic efficiency and the value to society for correcting the externality.
Suppose that on January 1, the price of one hundred yen was $0.80 and PPP held. Over the year, the Japanese inflation rate was 5 percent and the U.S. inflation rate was 10 percent.
You are given permission by the owner of the store to hire a fellow classmate to help out. One day you see the classmate take some clothing from the store.
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