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In the 2010s, Russia supported the Assad regime in Syria that was attacking its own civilians, while the United States supported the rebels fighting against the Syrian government forces. Was this a proxy war? Is it similar to anything we've discussed? Why/Why not?
What is law of diminishing marginal utility? What are its practical applications in the real life?
2. What is the optimal temperature for ingredients and work surfaces areas when producing pastries? Explain your answer thoroughly, minimum answer
The demand curve for gardeners is GD = 19 - W, where G = the number of gardeners, and W = the hourly wage. The supply curve is GS = 4 + 2 W.
Gov gives firm A 15 tradeable permits, and firm B&C each 10 traceable pollution permits (each permit = allows right to 1 ton of pollution).
Explain how monetary policy affects real output in a small open economy with flexible exchange rates. Explain which component of aggregate demand is most affect
Suppose there is a decline in marginal costs for one member of a cartel. What impact will this have on the incentive of that firm to cheat on the cartel agreement? Explain.
The demand curve for cookies is downward sloping. When the price of cookies is 2 dollars, the quantity demanded is 100.If the price rises to 3 dollars, what happens to consumer surplus?
Based on Figure 1 if the Mexcian government imposes a per-unit tariff of $2.5 on calculators, the total quantity of calculators produced by Mexicans producers at equilibrium with international trade is
Q1. What is the difference between Micro and Macro economics?
International financial investors are moving funds from Talona to other countries. This depreciation is causing even more disenchantment with this Talona.
Gas prices fluctuate often and in both directions. respond to the following: How responsive do you think consumers will be to the price change when these fluctuations occur due to changes in supply? Why? Use the various determinants of elasticity to ..
On June 5, 2003, the European Central Bank acted to decrease the short-term interest rate in Europe by half a percentage point, to 2 percent. The bank’s president at the time,Willem Duisenberg, suggested that, in the future, the bank could reduce rat..
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