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How do you draw a shift of aggregate supply and aggregate demand curve, to show aggregate supply shift to the right in regards to technological advancements?
An increase in the number of varieties of a good regarded as a gain from trade. Can you think of economic disadvantages associated with greater product variety.
Which of the following best describes the general policy of the United States towards Native Americans in the West in the later 1800s?
Suppose your nominal income rose by 6.3 percent and the price level rose by 3.8 percent in some year. By what percentage would your real income (approximately) increase? percent. If your nominal income rose by 3.8 percent and your real income rose b..
Suppose that you have a job paying $40,000 per year. With a 15% probability, next year your wage will be reduced to $10,000 for the year. What is your expected income next year? Suppose that you could insure yourself against the risk of reduced consu..
What role do banks have in the process of creating money? Explain how a decrease in the reserve-deposit ratio affects the level of money supply. What is the textbook version of OkunÆs Law? What are the difficulties associated with estimating this ve..
Write the report in narrative form. Do not simply list the questions and answers. Identify the entrepreneur, the name of the business, and the location. Your report should be double-spaced, with 1" margins on all sides.
Draw a set of short run production curves including the total, average and marginal product curves. Identify on the graph the range of labor input that would be most likely relevant if you faced varying wage levels from zero up until you would cease ..
As the baby boom generation begins to reach retirement age and the increase in the life expectancy in the US, people will be receiving Social Security payments for a longer period of time. In your opinion, what should the government do to handle this..
As a rule, the optimal capital structure is found by determining the debt-equity mix that maximizes expected EPS.
Suppose two types of students, those from rural areas and those from urban areas, apply to college. There are only two types of performances, excellent and poor. It has been found that a higher percentage of urban students perform poorly than rural s..
limit popular influence without destroying popular sovereignty. Illustrate why the framers wanted to achieve each of these objectives and how the Constitution does so.
Draw the budget constraints, indifference curves, and the income consumption curve for a good (bagels) that has an income elasticity that is perfectly inelastic on horizontal axis, and another normal good on (salads) on the vertical axis.
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