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What are the economical problem a nation would face with deflation?
What are measures that a country can adopt to combat deflation?
With reference to Japan deflation problem, how is enforcing penalties on savers a successful tool to combat deflation
They have computed that their allowable itemized deductions are $4000. Compute their federal income tax.
In this problem, p is in dollars and q is the number of units. Find the elasticity when p = $87. How would a price increase affect revenue?
Suppose that you were a dictator. Describe a law that you could decree that would eliminate or reduce frictional unemployment but would likely reduce productivity, and explain why. Describe a law you could decree that would increase frictional unempl..
How do the federal, state, and local budgeting processes differ from the process used by a typical non-profit agency?
Two processes can be used for producing a polymer that reduces friction loss in engines. Process T will have a ?rst cost of $750,000, an operating cost of $60,000 per year, and a salvage value of $80,000 after its 2-year life.
A study of the costs of electricity generation for a sample of 56 British firms in 1946-1947 yielded the following long-run cost functions: AVC= 1.24 + .0033Q +.0000029Q2- .000046QZ-.026Z +.00018Z2 where AVC = average variable cost (i.e. working cost..
Which of the following is a method for the Federal Reserve to control the supply of money? Open-market operations refer to the Federal Reserve: What determines the weights for calculating the Consumer Price Index?
Saving the whales: Can the approach Hank Fischer used with wolves be applied to other animals like whales? Be sure to explain your conclusion well.
If the housing market improves, what should happen to interest rates? Why? A decrease in employment will most likely cause interest rates to ______. Why? How would the reduction in Japan's rates impact interest rates in the United States?
Define the concept of an externality. Why will unregulated market systems not allocate resources efficiently where externalities are present? Draw a diagram to illustrate the over allocation of resources to a market characterized by negative external..
An electric utility uses natural gas as fuel for a large multi-unit power plant. With all units in-service, for a given hour the plant's fixed cost is $120,000 and its variable cost is $50 per megawatt demanded. What is the hourly demand in megawatts..
Calculate the (point) price elasticity of demand when price is $100. Is demand elastic or inelastic? Calculate the (point) price elasticity of demand when price is $700. Is demand elastic or inelastic?
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