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A change in the legal-institutional environment can shift the Aggregate Supply curve to the right (increase) or left (decrease). Cite a specific example of a business tax or subsidy or a government regulation that could possibly shift the Aggregate Supply curve. What direction would it likely shift and why?
125 words please
Describe how a change in the exchange rate affected your firm. Explain what happened to your price and quantity.
Explain how the opening of trade can lead to an increase in money wages in a capital abundant country if capital is immobile between sectors.
Many cities have experienced a substantial decrease in the amount of garbage being collected after they changed from levying a tax on each household to pay for the pickup to charging a fee for each bag or can picked up. Would this have been the resul..
An entrepreneur needs funds for a project. He has funds of his own, but enough to cover the required investment of $100. If the entrepreneur doesn’t misbehave, the project will succeed with probability .9, yielding a gross return of 120 in one year. ..
Assume that all expenditure is summarized in the following consumption and investment functions: C = $300 billion + 0.8 YD I = $200 billion Use this information to complete this problem: (2.5 points for each part ) Identify the equilibrium rate of ou..
Two manufacturers supply MRI systems for medical imaging. St. Jude’s Hospital wishes to replace its current MRI equipment that was purchased 8 years ago with the newer technology and clarity of a state of - the - art system. Which system should be se..
In the long run, a decrease in aggregate demand will lead to an :
Consumers in some countries, like Japan, are reluctant to accept “foreign” retailing institutions and imported products. Explain this behavior by using the models of culture.
What are the determinants of demand? What happens to the demand curve when any of these determinants change? What is the difference between change in demand and change in quantity demanded?
Using current research and information (within the last five years), analyze the relationship between economic policy and disparities in care.
Compute the profit-maximizing price and output levels assuming Pear acts as a monopolist for its product. Determine the total contribution to profits and fixed costs from the solution generated in Part (a).
Suppose a ?rm’s produces computers and its associated costs are only function of the numbers of computers its produces. The cost function is given by C(y) = y3−8y2+32y. Find the long run market price that prevails if this ?rm is operating in a perfec..
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