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Suppose that the production possibilities curves of electric cars and those with gasoline is arched towards the outside
In response to strong consumer demand, producers decide to produce 20 million more electric cars and, on the other hand, they must reduce the production of gas-powered cars by 20 million units. In order to reduce greenhouse gases, the government is announcing a new tax credit for the purchase of electric cars. To meet demand, producers are increasing their production of 10 million electric cars.
All things being equal, can we expect the production of gasoline cars to drop, increase or remain stable, with an amount greater than, equal to or less than 10 million units? Explain
The FOMC is scheduled to meet on December 13-14 and it is anticipated that they will raise the federal funds rate. Explain what the federal funds rate is. Current inflation is less than the Fed's 2% goal. Does a lower interest rate help the Fed achie..
In each of these cases, (a) state the sample space of the random experiment, (b) find the number of all possible outcomes, (c) explain why X is a random
Being flexible in the early stages of a project is easy, yet stakeholders may request changes at impractical times.
Discuss what tactics southern municipalities used to prevent African Americans from achieving equality before the civil rights era?
In Lesson 9 there was a link to a website, that included a video, that discussed the development of solar power as an alternative energy.
Suppose you can collect country level trade flows and GDP data. Explain how can you verify monopolistic competition model with data. Illustrate what do you expect is impact of transportation costs.
For the second question, the traveler may choose the brother and the question depending upon the answer to the first question.
Suppose the demand and supply functions of a good are specified as follows: QD= 600-2p and QS= -200 + 3P. Equilibrium price and quantity must be:
A road costs $450,000 to build and $12,000 per year for street cleaning. The road is re-striped every 2 years for $28,000 and repaved every
Identify which countries have benefited the most from international trade over the last few decades. What policies do these countries have in common? Do their experiences lend support to the infant industry argument or argue against it? To support yo..
q.why have generic drug companies been so successful? explain what political conditions also economic conditions would
Identify and explain five major factors that affect the demand for starbucks. Illustrate what do you think will happen to these factors over the next year.
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