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Illustrate, graphically, the effects of a fiscal expansion when capital is mobile and both prices and exchange rates are fixed. Over what horizon is the assumption of fixed prices a valid one? Explain.
A travel company has hired a management consulting company to analyze demand in 26 regional markets for one of its major products: a guided tour to a particular country. The equation for the quantity demanded is Q = 1500 - 4p + 5A + 10I + 3Px
shellys preferences for consumption and leisure can be expressed as uc l c - 200 times l - 80 . this utility function
Alpha and Beta, two tiny islands off the east coast of Tricoli, produce pearls and pineapples. The following production possibilities schedules describe in their potential output in tons per years. Do not graph or illustrate - only provide numerica..
Find all Nash equilibria (if any) in pure strategies (PNE). Your answer should include strategies and equilibrium payoffs associated with your PNE.3. Find all Nash equilibria (if any) in mixed strategies (MNE).
Consider the following information about Adam and Betty who wish to purchase season tickets for football and cricket at the Sydney Cricket Ground: Season ticket for cricket Adam's willingness to pay $100 Betty's willingness to pay $600
6.Yo would like to estimate the effect of police size on city-level crime on a cross-section of cities. A regression of crime rate on police size (per population) gives an estimate of 0. Suppose that people make their city increase police size if cri..
Who pays the rest of the tariff amount? Can you show this graphically?
suppose that the employer concession SCHEDULE IS W=1+0.02S and the union resistance curve is W=5+0.02s-0.01S2, where=percentge wage increase and S=expected strike length in days, Using Hick's simplest model, determine the length of the strike and ..
Please provide your perspective on whether this type of growth can be sustained and for how long?
suppose that you just purchased a used car worth $12000 in today's dollars.assume also that to finance the purchase you borrowed $10000 from a local bank 9% compounded monthly over two years. the bank calculated your monthly payment at $456.85
Consider a simultaneous move quantity-setting game with two firms facing a demand curve p = 100 - q. Both firms have marginal cost of 20. Suppose one firm maximizes profit and the other maximizes revenue, but both take into account the other firm'..
Suppose the bolt-making industry currently consists of 20 producers, all of whom operate with the identical short-run total cost curve TCSR = 16 + Q2, where Q is the annual output of a single firm. The corresponding short-run marginal cost curve i..
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