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Question: The following two graphs show the ratio of consumption/income and stock prices/income, and the four-quarter percentage changes in consumption and
stock prices. Based on these graphs, do you think that short-term or long-term fluctuations in stock prices are the more important determinant of consumption? Why do you think the correlation in percentage changes is stronger before 1980, while the correlation with the ratios is stronger after 1980?
Suppose the monopolist can distinguish the two consumers and is also able to offer them fixed-quantity packages, so that they cannot continuously choose any amount they want. What packages will the monopolist offer to the two consumers (state quan..
Explain the role of compensation surveys. Why is it important to update survey data? Explain market pay line. How is it used in the context of pay level policies such as market lead, market lag, and market match?
riority mail has been one of the most profitable products for the U.S Postal service, between 1995 -1999 and accounting for almost 8% of the Postal Service's mail revenue. Because the Postal Service lost $480 million in the fiscal year ending Sept..
Describe the sources of gains from trade for the consumer in the monopolistic competition model with differentiated products. Hint: there are two mechanisms at work.
a monopolist faces a demand curve given byp 105 - 3q where p is the price of the good and q is the quantity demanded.
Choose three topics from the document and briefly discuss their relevance to Randolph's argument. Would it have been possible for Randolph to press his case as effectively earlier than 1942? Why or why not?
a consumer has utility function given by ux1 x2 radicx1 x 2 .i suppose the price of good 2 and income are ?xed at 5
Michael has $900 per month to spend on steaks and books. What is the slope of Michael's budget line
The problem is related to economics and it is explain the Hubbard's ‘adaptive expectations' in modeling expectations are discussed in the answer.
there are 1500 potential travellers each day on the london-berlin route. some are free-spenders travellers who are
The expected inflation rate
Express kinetic energy in terms of the base SI units: the kilogram, meter, and second. Write your answer in terms of the abbreviations ({kg, m, s}), and then identify the resulting derived unit.
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