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When the_____ supply curve shifts outward or inward with an unchanged _____ curve, equilibrium price and quantity increase or? decrease, respectively. When the___ curve shifts outward or inward given an unchanged____ curve, equilibrium price moves in the direction opposite to equilibrium quantity.
Fill in the blank?
Kristina does not want to pay him $1000 on delivery. Can the baker sue Kristina for payment of the cake? What remedies are available to him?
Use the IS-LM model to predict the short-run impact on the interest rate and output if the central bank pushes interest rate down at the same time that both consumption and investment fall due to a financial crisis.
Tax-policy model assumes no autonomous tax.
Which of the following represents investment, in the sense that economists use the word?
Suppose you have estimated the consumption function as C=250=0.90Yd where Yd is disposable income. what is the corrosponding saving function?
In many Sub-Saharan African countries, girls have lower enrollment rates in secondary schools than do boys.
q. many small boats are made of fiberglass which is derived from crude oil. assume the cost of oil risesa. using
If in an economy a $120 billion increase in consumption spending creates $120 billion of new income in the first round of the multiplier process.
Which of the following auction examples has a common value information structure?
Suppose disposable income is expected to increase by 5 percent next year. Assuming all other factors remain constant, forecast the percentage change in the quantity of haddock demanded next year.
Sometimes stores have sales that limit the quantity you can purchase at the sale price. If you buy more than the limit, you pay the full price. Assume that your local grocery store is having a sale on yogurt where the first 5 are on sale for $1.00 pe..
A small consulting engineering company bought an office building for $900,000. The company has eight engineers and eight support staff. Monthly expenses for for salaries, utilities, grounds maintenance, etc., are $110,000. Use an average billing rate..
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