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Explain rational expectations in your own words. Using the rational expectations model is the U.S. stock market efficient? Why or Why not?
Suppose that the linear equation for saving in a hypothetical economy is
Besides elections and campaigns, do the major political parties influence public values and ideas.
Marge opens an oxygen bar in a building she owns. She utilized to rent the building to her brother in law.
You are the owner of a local Honda dealership. Unlike other dealerships in the area, you take pride in your “No Haggle” sales policy. Last year, your dealership earned record profits of $1.3 million. What price should you charge for a midsized automo..
Is market capitalism necessary for freedom? Explain why or why not. Are market economies necessarily “capitalist” and are command economies necessarily “socialist”? Why or why not? What causes macroeconomic instability of market capitalism? Explain.
q1. suppose a consumer has an income of 500 and faces prices px5 and pz10. write the equation for the budget
Calculate price elasticity at point S using the method E=ΔQΔP×PQ. Calculate price elasticity at point S using the method E=PP−A. Compare the elasticities in parts a and b. Are they equal? Should they be equal?
Based on your research, write summary on what you have learned about this country & apposes economy
Evaluate the influences of intellectual predictors of the following economic theorists: Adam Smith, David Ricardo, also Karl Marx.
Classify each of the following statements as positive or normative. Explain. Society faces a short-run trade-off between inflation and unemployment. a reduction in the rate of money growth will reduce the rate of inflation. The Federal Reserve should..
The purpose of this problem is to study the sacrifice ratio. Assume that initially actual and natural real GDP both equal 11,000 and that the rate of inflation is 3.5 percent.
Decision making in a business environment requires an understanding of cost and revenue data. This includes an understanding of marginal and incremental analysis
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