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The population of an island consists of 60 000 people, 35 000 of whom are females. The percentage of the population who are males is:
A) 58.3%B) 41.7%C) 36.8%D) 63.2%
Compute the gain from trade but you should discuss how comparative advantage is used.
Illustrate what were the percentage changes in nominal GDP and real GDP for the most recent quarter? What accounts for the difference.
After choosing the topic do the article review which includes following steps a. a short summary that clearly covers all of the fey elements in the article. this summary must show that you carefully read and understood the content of the article.
Assume Bank A, which faces a reserve requirement of 10%, receives a $1000 deposit from a consumer.
A certain country has a very centralized collective bargaining, under which wage bargains are applied nationally. This country is thinking about adopting a bargaining structure that is more decentralized so that wage bargains will be made.
Consider the table below the supply schedules for three competitive firms, each producing honey. These three firms make up the overall industry-Calculate the total industry supply at each price and fill in the table.
Suppose a company where production depends on two inputs: labor and capital, with prices w and r, respectively. Initially, the company faces market values of w=6 and r=4.
The curve that shows quantities of total real output that will be offered for sale at various price levels is called the
Using the tools of analysis developed in this course, demonstrate that removing the subsidy will make consumers worse off but will nevertheless improve society economic welfare.
Explain the difference between the incentives of the owner of a house and renter of a house to undertake expenditures designed to improve or maintain the house. For example, are renters more likely to replace light bulbs
Elucidate the difference between a monopoly and an oligopoly, and a cartel. Provide an example of a monopoly, an oligopoly, and a cartel. Describe the welfare effects of monopolies and oligopolies.
Use Excel program to estimate of the state's demand for KBC microbrews in Ohio. Print (past) the computer regression output and provide an economic interpretation of the regression results.
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