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In 2010, Smileytown consumed 50,000 tubes of toothpaste. In 2011, toothpaste consumption rose to 62,000 tubes. Calculate the percentage change in toothpaste consumption.
A) 12%B) 16.42%C) 19.35%D) 24%
Consider a consumer who is always willing to substitute three pounds of a generic store-brand sugar for two pounds of a brand-name sugar. Do these preferences exhibit a diminishing marginal rate of substitution between store-brand and producer-brand ..
In the late 1990s a growing number of economists argued that world policymakers were focusing too much on fighting inflation. The economists also argued that the technical level of potential output had risen. Show their argument using the AS/AD mo..
one government strategy to provide for economic stability and encourage economic growth is to provide tax reductions or
Toward Effective Risk Regulations (1993) examines goverment's role in controlling and managing the health risks society faces from exposure to environmental pollution. One major problem examined in the book is cleanup of hazardous waste sites.
Suppose if the government increases taxes, which of the following is LEAST likely to occur.
Hurricane Katrina which hit the Gulf Coast region in August 2005, resulted in massive flooding which destroyed large sections of New Orleans. Suppose prior to this event, New Orleans was producing an output combination given by a point.
Assume you do not think that the statement does have any credibility. Illustrate what is the expected impact of the resulting policy on your business.
What was the rate of inflation for the month? How does that rate of inflation compare with the rate in the previous month?
in some communities water is priced according to a two-tiered declining block method. according to this scheme an
Explain the positive benefits and negative aspects, respectively, of HMO managed care from the provider's point of view-a physician and a healthcare facility-and from a patient's point of view. Which socioeconomic group is likely to benefit the mos..
Telefono Mexico is expanding its facilities to serve a new manufacturing plant. The new plant will require 2000 telephone lines this year, and another 2000 lines after expansion in 10 years. The plant will operate for 30 years.
question 1 briefly define the following termsa.nbspnbspnbsp business cycleb.nbspnbspnbsp real gdpnbsp2. why are
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