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Classify the following Wall Street Journal articles as involving macroeconomic or microeconomic issues based on their titles:
a. “Bernanke Sees Long Slog to Trim U.S. Trade Deficit”
b. “How Drugs for Rare Diseases Became Lifeline for Companies”
c. “Monetary Tightening Damps Brazil Investment”
d. "Debut of Chicken Little Gives Disney Something to Crow Over”
A local restaurateur whose trade had been profitable for many years recently purchased a liquor license, giving her a legal right to sell beer.
a. hypothetical demand curve for strawberries cost 43 cases of strawberries per harvest 34 thousand. illustrate cost
Explain why do you think maximising sustainable yield is often suggested as the appropriate goal of fishery.
Tobies operate a small deli downtown. The deli business is monopolistically competitive.
Compute the net present value using the numbers provided. Assume that annual cash flows occur at the end of the year.
John Smith expected income in period two is unchanged. Illustrate graphically explain how this job loss affects John's consumption in periods one and two.
Illustrate what is the equilibrium number of video arcades. Show how you arrived at your answer.
Suppose that inflation is 2 percent, the Federal funds rate is 4 percent, and real GDP falls 2 percent below potential GDP. According to the Taylor rule, in what direction and by how much should the Fed change the real Federal funds rate?
If the market price of suits is constant, illustrate what is the shutdown level of output. What is the minimum price the firm can accept.
US and Canada can both grow wheat and can do mining. Use the following table to look for which country has a comparative advantage in mining. (Hint: Find the cost of mining in terms of wheat in each country.)
Discuss and post what solution might there be for these people who lack access to computers. Recalling that the definition of perfect competition refers to a market with many buyers, among other factors, thus, how may these people gain access to the ..
they have the same demand curve for computer services. Use a graph to illustrate the overall value of computing services to the consumer. What does this imply about the profit maximizing price HAL can charge for the computer hardware.
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