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Q1. From 1947 to 1997 the CPI in US raised to 637% therefore inflation rose 637%. Use this fact to adjust each of the following 1947 prices for the effects of inflation. Explain which items cost less in 1997 than in 1947 after adjusting for inflation? Which items cost more?
Q2. Recognize an incentive conflict in your firm, or one you have read about, that reduced firm value. As part of your answer converse whether or not one or more of the legs of the organizational stool was unbalanced, and if so, explain how that contributed to the conflict.
Elucidate causes for shifts in supply and demand for the chosen product. Explain how these shifts in supply and demand influence price, quantity and market equilibrium.
State briefly the basic characteristics of pure competition, pure monopoly, monopolistic competition, and oligopoly.
q.explain how do changes in demand affect prices?explain how do changes in supply in one market affect other
Compute the marginal tax rate as income rises from $100,000 to $200,000. Compute the corresponding marginal tax rates for the regressive and progressive tax systems.
q1. rex has determined that demand for his product is given by q180-5p and cost equation given by c75.3q. determine the
On one hand, the WTO's role in international trade is becoming more significant. On the other hand, its verdict on the Brazil's Embraer versus Canada's Bombardier case did not seem to solve the problem.
What are the positive and negative aspects of budget deficits and surpluses? What policy is best for today's economy? Explain your answer.
q1. the lojack car recovery system allows the police to track stolen cars. as a result they not only recover 90 percent
Suppose that your production facility can only produce 1,000,000 pills per year. Illustrate what is your optimal price and quantity given the production constraint.
Why doesn’t the U.S. simply restrict all goods coming in from China? Why can’t the U.S. just minimize the amount of imports coming in from all other countries?
Elucidate how each change mentioned in the article impacts upon the aggregate expenditure model.
What is the equilibrium cost as well as equilibrium supply.
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