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If the price of a gallon of gasoline in California was $0.99 in 1997 and is currently $3.69, prices have increased by which factor below?
Draw an example set of utility functions for someone who would experience a substitution effect towards textbooks as a result of this rule
Explain the significance of globalization, multinational, outsourcing, General Agreement on Tariffs and Trade (GATT), division of labor, comparative advantage.
See the inflation adjusted data also identify the periods of negative real economic growth. What might have caused each of these periods of economic decline.
Compute the following probabilities.
Explain how do the principles of microeconomics which you have leaned in this course apply to other nations.
Be sure you fully discuss the economic condition stated in this problem from a theoretical and practical viewpoint. Fully support your statement with references.
How about Ethical bankers for a change class! 4 short videos on --"Micro-credit" in Bangladesh and developing nations. also now in U.S.
Show the competitive position of 5 or more different firms within this industry
When purchased on hire purchase over two years there is a deposit to pay of £140 and 24 monthly payments of £26. (a) In each case calculate the rate of simple interest per annum charged on the initial amount borrowed.
Using the perfectly competitive labor demand and labor supply model, what would happen, all else equal, to the real wage and the number of workers in each of the cases below: A. There is an increase in the amount of physical capital as a result of po..
What does it mean "it's like a balloon"? What is like a balloon? Why is it like a balloon? Explain why government regulations to restrict some activity occurring in a free market typically end up making matters worse.
Let us say that an economy has a consumption function given by C = 900 + 0.9Yd where Yd is the disposable income. There is a lump-sum tax of 90. Investment level is autonomous at 400 and government spending is also constant at 600.
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