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What are some similarities between the Monetary base and the Monetary supply?
Is it possible for a community hospital to use both a cost leadership and differentiation method with separate services in the hospital?
The U.S. Congress debates the new budget every fiscal year. Most Republicans want to reduce federal spending; most Democrats do not want to reduce spending and may, in some cases, seek to increase it.
The marginal cost associated with the production of the third unit of output is
Donald is a stamp collector. The only things other than stamps that Donald consumes are Harold’s doughnuts. It turns out that Donald’s preferences are quasilinear, represented by the utility function U(d, s) = ln d + s, where d is the number of dough..
Suppose the economy is at a short−run equilibrium GDP that lies above potential GDP. Which of the following will occur because of the automatic mechanism adjusting the economy back to potential? GDP?
In your opinion how should states select their judges?
The labor supply function is given by N=1000+12w and labor demand is N=2000-8w. Find the equilibrium level of employment and wage. Given existing technology and the capital stock, output is given by the function Y=100N. Does the function exhibit dimi..
John spends $I on bottled water which he can buy in two sizes: 0.75 liter and 2 liter. The water is identical in the two sizes and John gets no utility from the containers themselves, only from the water. Write down a utility function for John in ter..
Calculate the quality adjusted life expectancy of the person using the health score from the previous question. (Round to 2 decimals)
Consider two countries Frugalia and Prodigalia (we can call F and P). In both countries the production function is Cobb-Douglas: Y=A*(K^0.5)*(N^0.5). The population growth rate is 0.2, physical capital depreciates at the rate of 0.3, and A = 10. In F..
Explain the law of supply, and why the supply curve slopes upward? How is the market supply curve derived from the supply curves of individual producers?
In 2020, Ahmed decides to invest in a wind turbine that would produce and sell electricity to the local electric utility. He decides to buy a smaller, used turbine.
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