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Given the present state of our economy would you advocate to the Federal Reserve Bank to increase or decrease interest rates. Describe the likely result of your opinion on Job seekers, Wage earners, pensioners, Businesses, Creditors and Debtors.
Alexander Machine Tools faces the demand curve P = $70 - 0.001Q. What price and quantity maximize total revenue? What is the price elasticity at this point?
College students sometimes work as summer interns for private firms or for the government. Many of these positions pay very little or nothing.what is the opportunity cost of taking such a job.
Normal 0 false false false EN-US X-NONE X-NONE An increase in the price of..
japan has had a low inflation rate measured at 0.1 per year while venezuela and iran have experienced inflation rates
An investor purchases a three-year, zero-coupon corporate bond with a face value of $100,000. At the time the original purchase was made, the yield on the bond was five percent. One year later, the investor sold the bond, and realized a rate of retur..
The demand for personal computers can be characterized by following point elasticity = -5, cross-price elasticity with software = -4, and income elasticity = 2.5. Indicate whether each of following statements is true or false, and describe your an..
colonial furniture ltd. is contemplating production of an office desk that would sell for 800. the production of each
What is opportunity cost and describe with the help of an example, why assumption of constant opportunity cost is very unrealistic and also calculate point elasticity of demand
What are the two components of the medical care price index? How does disease impact our "production" or health? How does our consumption of goods impact our production of health? What is the impact of education on our health production function?
Who has a comparative advantage in producing wine and who has a comparative advantage in producing schnitzel?
Describing how specific system used in an organization
A perfectly competitive industry is initially in a short-run equilibrium in which all firms are earning zero economic profits but are operating below their minimum efficient scale. Explain the long-run adjustments that will create equilibrium
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