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Q1. Assume that survey measures of consumer confidence indicate a wave of pessimism is sweeping the country. If policymakers do nothing, illustrate what will happen to aggregate demand? Illustrate what should the Fed do if it wants to stabilize aggregate demand? If the Fed does nothing, illustrate what might Congress do to stabilize aggregate demand?
Q2. The United State export a substantial amount of scrap I Jorge and steel to Japan and another country. Why do some U.S users of scrap I Jorge and steel support a prohibition on these exports?
Illustrate what is the profit maximizing price of carpets. Illustrate what is the profit maximizing price of carpets.
Consider a perfectly competitive market. Analyze and explain in detail using graphical tools to show what you expect to happen to number of firms and firm profitability in the short run and long run.
Find the 90% confidence interval for the compensation of a year when the productivity is 85 and interpret the C.I.
Now assume there are 6,350 employees and probability of dying is still 1in 5,000. What is the value of 1 statistical life?
Further assume that they are not able to ‘collude' on price and quantity of premium digital channel subscriptions to sell. How much profit will each firm earn when this market reaches Nash equilibrium.
Illustrate what is most X that can be produced? most Y. Illustrate what is formula for opportunity cost of X in terms of Y in this economy.
explain the overall impact of the wage decline on hours of work. Is your worker on the forward-rising or backward bending portion of the labor supply curve.
Illustrate what did society gain from having brand name chicken. Illustrate what did society lose.
Suppose the government implements a policy that subsidizes business investment. Explain how will this affect the relationship between investment and the interest rate.
Suppose that there are freezing temperatures in Florida. At the same time the press reports that drinking orange juice significantly reduces the risk of stomach cancer. Predict the effect on equilibrium price and quantity.
Illustrate a firm in monopolistic competition that does not make a profit but rather a loss. Now illustrate how firm exit will change demand in the long run, allowing at least some firms to break even.
q1. business is booming at a local fast food restaurant. it is contemplating adding a new grill and machine of french
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