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Plywood is used in the construction of houses. If the price of plywood rises, what happens to the supply of houses?
a. The supply increases so that the supply curve shifts rightward.
b. The supply decreases so that the supply curve shifts leftward.
c. The quantity supplied decreases but there is no shift in the supply curve.
d. The quantity supplied decreases and the supply curve shifts leftward.
What is the expected value and standard deviation of the safest investment strategy you can make by this means. What is the highest expected value you can achieve.
Does the nominal interest rate adjust more than one-for-one or less than one for one to expected inflation.
Describe return to an investment in a college education. How would you go about measuring it. How would you decide it is good enough to warrant investment.
The production function is given by f(x)=4x^1/2. If the price of a commodity produced is $60 per unit and the cost of the input is $20 per unit, how much profit will the firm make if it maximizes profit?
GDP is significantly lower in your country than in the United States, Illustrate what might this imply.
Fred's Fashion Accessories of New Jersey produces jewelry for sale in Boston and New York subject.
All else held constant, the choice whether to use labor intensive production process or capitla intensive one depends on; 1. whether the compnay is growing or shrinking. 2. the relative prices of capital labor 3. the type of market in which the firm ..
If the federal government chooses to increase government expenditures explain the three methods of financing the expenditures in terms of: which is the most expansionary, what are the negative effects of each, and which is the most inflationary.
banking on the chinese internet.net bank limited is a start-up internet bank seeking to develop a worldwide clientele.
Entrepreneurship has become the new way of doing business in our world. With economies in decline and organizations downsizing and the lack of opportunities that satisfy, entrepreneurship has been born.
Explain how will the level of the velocity of money change if there is a permanent (one time) increase in the nominal interest rate, holding other factors constant.
As of 2006, the United States is running a large trade deficit--that is, imports exceed exports by a wide margin and the United States is consuming more than it is producing. The U.S.'s ability to consume more than it produces rests on foreigners' wi..
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