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With examples, outline the various discussions of the types of PLCs shown in the attached files.
Both the long-run aggregate supply curve and the short-run aggregate supply curve shift in response to changes in the availability of labor or capital or to changes in technology and productivity.
Identify each of the variables and briefly explain the meaning. From the above list, use the relvant set of equations to derive the IS curve. Graph the IS curve on an appropriately labeled graph. From the above list, use the relevant set of equations..
The Marginal Rate of Product Substitution (MRPS) is the rate that one output must be decreased as production of the other output is increased. The most common form of MRPS is?
Say that a bank has $200 M in loans, $10 M in reserves, and 200M in deposits. Also, the required reserve ratio (RR) is 6%. This bank bankrupt and it have sufficient reserves to meet its reserve requirement.
If congress took steps to consolidate banks, thereby reducing the total number to 2,500, illustrate what would you expect to happen to costs within the banking industry.
A firm has a monopoly on a new type of gaming console. The market demand is given by P=307.4-0.003*Q and thus marginal revenue is MR=307.4-0.006*Q. The monopolist's marginal cost is MC=4.3+0.001*Q. Calculate the profit-maximizing production quantity?
Your job is to find out as much as possible about how (or could) Disney or other theme park’s prices their theme park tickets, options and discounts, i.e., what pricing models do they use? (Timesaver: Disney is not going to tell you.) How does Disney..
A woman went to the Bene?cial Loan Company and borrowed $9000. She must pay $350 at the end of each month for the next 30 months. What is the monthly interest rate she is paying? What effective annual interest rate is she paying?
What is the equilibrium quantity and equilibrium price for the following demand and supply curves: Calculate consumer and producer surplus in this market.
The marginal costs (ci) and marginal benefits (bi) of getting more education can vary across individuals – i.e., heterogeneous costs and benefits. Assume that marginal costs increase with the education level and marginal benefits decline with the edu..
Define Indifference Curve and what are the main properties of Indifference Curve? By using Indifference Curve analysis explain how the consumer attains maximum level of satisfaction?
You take $1000 you had kept under your mattress and deposit it in your bank account. If this $1000 stays in the banking system as reserves and if banks hold reserves equal to 20 percent of deposits, by how much does the total amount of deposits in th..
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