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In New England and the northern states the main force that drove settlers west to the frontier was:
Suppose that for a particular economy and period,investment was equal to 100,government expenditure was equal to 75,net taxes was fixed at 100,and consumption was given by consumption function c=25+0.8Yd where Yd is the disposable income and Y
Use the sticky wage theory of aggregate supply to explain what will happen to output and the price level in the long run. What role does expected price level play in the adjustment?
Assume that apples are an inferior good. Draw a perfectly competitive market for apples and a firm selling apples in the long run equilibrium where price is $10 and the firm’s equilibrium quantity is 50. EXPLAIN what happens in the short-run if custo..
Using the formula, ((new price - old price)/old price), calculate the percentage change in price. Include a minus sign (-) if the percentage change in price is falling.
Assume he takes welfare and does not work. Illustrate what is his reservation wage. He will not lose his welfare if he works.4. Suppose he is working and receives no welfare.
You would like to sell 500 shares of Pfizer, Inc.(PFE). The current bid and ask quotes are $27.36 and $27.39, respectively. You place a limit sell-order at $27.
Why, however, is it illogical to dismiss the possibility of a home's current value dropping below its original purchase price?
Discuss the characteristics of the most effective company development strategies. Which characteristic do you believe is most important? Why?
The competitive rental rate of machines (capital) is the sum of forgone interest and depreciation costs the machine’s owner must pay for one period. In the case of machines that do not depreciate, the competitive rental rate of machines (capital) is..
Elucidate what would you recommend as a course of action, if any. For the industry you have chosen, discuss how price moves from today to the future.
Illustrate what if, anything cans you conclude about the relationship between the prices of oil also the level of real GDP in the United States
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