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Suppose it takes Zeeland 1 labor hour to make each car and 4 labor hours to make each robot, while it requires Antigo 2 labor hours to make each car and 5 labor hours to make each robot. Further suppose each nation has 100 labor hours available. Draw and label a production possibilities frontier for each nation.
How do you think the check tax affected the currency-deposit ratio and use the model of the money supply under fractional reserve banking to discuss how this tax affected the money supply.
Using the accural basis revenue on the income statement was$124,320. Accounts receivable were $3,320 on January 1 and $3,600on December 31. Unearned revenue was $1,040 on January 1 and $1,690 on December 31.
How does the challenge of civilian conflicts affect overall economic development in Nigeria or Georgia? What kind of conflict(s) impact most negatively prospect for poverty alleviation? Is lack of development a major cause of conflicts? 150 words ..
Government Policies What are the policies Easterly cites as desirable? Conversely, what are some of the ways in which "Governments Can Kill Growth," as the chapter title put it?
Suppose Alyssa gives haircuts on Saturdays to make extra money. She is the only person in town cutting hair on Saturdays and therefore has some market power. Assume that she does not incur fixed costs, and the only significant variable cost to Aly..
The Crank Yankers DVD season two has been a hot seller during recent weeks. An examine of weekly demand shows:
What might make it difficult or interfere with identifying the problem? What can you do to help ensure you are correctly identifying the problem?
Using concrete examples on the comparison, describe how prices of other related goods form an influence on the demand.
Calculate the total contribution margin generated by the normal volume of medium pizzas in a week.
At the beginning of 2014, EZ Tech Company's Accounts Receivable balance was $165,000, and the balance in Allowance for Doubtful Accounts was $2,800. EZ Tech's sales in 2014 were $1,240,000, 90% of which were on credit. Collections on account durin..
Movie theaters generally charge the same ticket price for all movies with evening show times, regardless of popularity. This pricing strategy causes surpluses for unpopular films & shortages for popular films.
Recently, a troubled bank borrowed $800 million from the Federal Reserve. Describe the impact this event had on the monetary base.
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