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Name three industries which best fit each of the three non perfectly competitive models (Monoplolistc Competition, Oligopoly, and Monopoly, and give support for your choices.
The money supply in $1 trillion, the price level equals 2, and real GDP is $5 trillion in base-year dollars. What is the income velocity of money?
Use indifference curves to distinguish between income and substitution effects, using the above techniques explain why the demand curve slope downwards, What are the main criteria for designing a tax system, To what extent do you think the national..
A rather wealthy man decides to arrange for his descendants to be well educated. He wants each child to have $60,000 for his or her education. He plans to setup a perpetual trust fund so that six children will receive this assistance in each generati..
The rapid globalization of capital markets enables persons also institutions based in one nation to invest in corporations based elsewhere with relative ease.
A bank has $100 million in excess reserves that it wishes to lend. Through the lend-spend-deposit cycle, by how much could the money supply theoretically expand?
Define scarcity and opportunity cost. How manager can apply these two concepts in management decision making?
There are two players 1 and 2. re are two cards: "High" and "Low". Player 1 chooses at random one card. Write a strategic form also find optimal strategy of player.
How much does the airport need to set aside now to pay for these costs, if the company can earn 10% per year, compounded every 4 months?
Licensing the brand name and symbol is an important source of revenue for Harley. What types of products do you think do not fit with the Harley image and therefore are not good candidates for licensing by Harley? Develop a list and discuss your sele..
along a unit elastic demand curve, if the market price increases then. a good economic model should. if two goods are substitutes, their corss-price elasticity will be. for a straight line demand curve, price elasticity of demand near the "choke pric..
Which of the following does NOT determine the long-run level of real GDP?
Use the 2007 numbers in the first column to compute, for each of the four countries, the percentage gap between the steady-state ratio.
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