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Using the Keynesian Model in modern times for the short run
A. means labor contracts are flexible.
B. means existing capital is saved.
C. means higher prices will lead to higher wages.
D. Only B and C
Describe how if at all each of the following events effects the location of a country’s production possibilities curve
What effect should each of the following have on the demand for gasoline in a competitive market? State what happens to demand. Explain your reasoning in each case and relate it to a demand determinant. (a) an increase in the number of cars (b) ..
suppose that a water utility has a simple volumetric pricing structure and charges 800af for water service-a price that
each year a large university collects data on average beginning monthly salaries of its business school graduates. a
For each of the following cases, calculate the arc price elasticity of demand, and state whether demand is elastic, inelastic, or unit elastic.
identify the hard and soft technology used for both the domestic and global environments. this is not about computers
Explain which of the following transactions would be directly counted in 2013 's GDP. In each case, explain whether the action causes an increase in Consumption, Investment, Govt. Purchases or Net Export.
Recession unemployment typically increases
An individual is considering the purchase of a used car. Total amount of the car is $10,400 and requires $2,400 as a down payment and the balance need to be paid in 60 equal monthly payments with an effective interest rate of 12% per year compounded ..
Suppose Jane buys only two goods X and Y , and she spends an income I on these two products. Suppose the price of X is px and the price of Y is py. She derives utility by consuming X and Y.
Explain and show graphically how this market would be affected if there is an increase in the number of dairy farmers that produce hormone-free milk and at the same time south african consumers choose to be more healthy
Soft selling occurs when a buyer is sceptical of the usefulness of a product and the seller offers to set a price that depends on realized value. For example, suppose you're trying to sell a company a new accounting system that will reduce costs by 1..
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