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You have decided that you want to attend a costume party as Black Panther. You estimate that it will cost $40 to assemble your costume. After spending $40 on the costume, you realize that the additional pieces you need will cost you $25 more. The marginal cost of completing the costume is
Note that the first set of numbers represents the various incomes; whereas the second set of numbers represents the number of people earning each of these incomes. For example, in Avataria there are 50 people with the income of $100, 25 people wit..
If in January 2005 the money supply was $6,415.1 billion, what is your estimate of October, November, and December 2006 money supply?
The economy of Kenya has a budget deficit of KSH 500B. This deficit is likely to be funded through domestic borrowing and taxation. Using an appropriate model, explain the macroeconomic implications of such a move.
In 2010, financial markets were shaken with the prospect that Greece might default on its national debt, yet one often reads that nations are not at risk of defaulting on their debt because they can always "print" money. In what sense is this true? I..
Compute the threshold interest rate that the lender can charge to induce an adequate effort level from the borrower.
1.explain how the electoral college works the situations in which it has produced controversial results and the
Explain why it is important to uncover causal relationships for policy analysis. Also explain the causal methods of regression, difference-in-difference and random assignment
In the long-run, if government increases consumer tax rates, real gross domestic product (GDP), unemployment and the price level will change in which of the following ways?
explain how the market economic system works to answer the fundamental economic questions. explain how this may differ
Why is per capita GDP so much higher in the United States than in Mexico?
discuss the background of federal reserves chairman ben bernanke in detail including his educational background to his
In the short-run, the effect of an expansionary fiscal policy on the output level is very large when money demand is relatively insensitive to the changes
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