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If the demand equation is given by Qd=10-P and the good is free then the value of the consumer surplus is equal to what? (probably easiest if you graph it)
This year before a major earthquake adversely affected the production capacity in Nepal, the country's economy was working at its capacity level and inflation and growth rates were following their normal and stable paths at 2% and 4%, respectively. W..
Pretend that you have just been surprised with a genuine e-mail that says you have just been selected by your favorite pizza delivery company that every day for the next month you will receive your favorite pizza for lunch and another of that same fa..
What does the Federal Reserve do to stimulate the economy? What does the Federal Reserve do to contract the economy? What motivates policymakers to stimulate the economy or contract the economy?
Mr. and Mrs. Ward typically vote oppositely in elections and so their votes “cancel each other out.” They each gain two units of utility from a vote for their positions (and lose two units of utility from a vote against their positions). Suppose Mr. ..
q. mining is proposed for a wilderness area that provides two benefits recreation due to backpacking opportunities and
Low switching costs and the availability of many subs+tutes for Tropicana Orange Juice indicates what in a Porters analysis? a. Power of buyers is high b. Power of suppliers is high c. Power of suppliers is low d. Power of buyers is low
Draw the Edge worth Box diagram for this economy also Explicate whether the initial allocation of cheese also bread is Pareto efficient.
John Maynard Keynes who is considered to be the father of Macroeconomics by many once said "In the long-run we are all dead” to emphasize why decision-makers should not worry about long-run effects of policies. Changes in the money supply don’t have ..
Cost-push inflation can be called
There are 2 main ways to interface with the database: using stored procedures or passing in the raw queries directly. If the class scheduler needed a screen to search for students, how might each approach be used?
Economists use the term capital to describe that factor of production that includes human-made resources such as factories, buildings, machinery and tools. A change in the price of hamburgers will shift the supply curve for hot dogs. If the price of ..
By mid-2009, U.S. investment expenditure had fallen to $1.5 trillion and the real interest rate had risen to 4.5% per year. What caused the collapse of investment and the rise in the real interest rate?
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