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What are the key macroeconomic factors which affects the GDP growth of the advanced country and emerging/developing country?
Calculate the current years cost of the market basket and the value of the current years price index. What is this year's percentage change in the price level compared to the base year?
Explain the significance of laissez-faire, market structure, perfect competition, imperfect competition, monopolistic competition, product differentiation.
suppose the consumtion function is c 500 billion 0.9y and the government wants to stimulate the economy. by how much
Sometimes market activities (production, buying, and selling) have unintended positive or negative effects outside the market's scope. These are called externalities. As a policy maker concerned with correcting the effects of gases and particulate..
A graph the autarky equilibrium for an economy
Her salary rate is $8 every hour and she has 15 hours per day to allocate between labor and leisure.
In the following question briefly describe how the exchange rate for the dollar would likely change in the short-run (ceteris paribus) and state whether the dollar appreciates or depreciate.
Graphically illustrate the consumption and saving schedules - Explain the significance of negative levels of saving.
Assume the firms in an oligopoly produce a differentiated product and are initially colluding. If each firm begins to cheat (to increase sales) by underpricing the other firms, as the amount of cheating increases, the resulting industry price and out..
You are the new owner of Drespie Corn Products and Refineries. You are interested in your company's cost and revenue relationships as well as its future pricing strategies. Accordingly, you have developed the following relationships, which you bel..
Calculate the inflation rate for the 2016-2017 period using the GDP deflator based on the Laspeyres, Paasche, and chain-weighted indexes of GDP and what are the endogenous variables in the labor market model?
Tobacco production is one of the more heavily subsidized industries in the United States. Suppose that as a result of intense lobbying from health-related concerns, Congress repeals the tobacco firms subsidies. Which of the scenarios would likely ..
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