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Questions:
Velocity remains constant at 8 and the money supply increases from $200 billion to $300 billion. The? original, nominal GDP was $ __ trillion? The ?new, nominal GDP is $ __ trillion?
Suppose the supply curve is Q=2P. Suppose there is no sunk cost. what is the producer surplus if 10 units of the good are sold at price P=5. graph the supply curve, P=5, and the area of the producer surplus
How do the emerging cyber security technologies that you identified coupled with prioritized research and development improve cyber security?
Using the World Bank classification of countries, select countries from the different categories and examine the data on output growth and education level. Is there a systematic relationship?
In the market for tuna, and using the Partial Equilibrium model, which among the following groups will lose when moving from autarky to free trade?
A variation on the Renter model: Consider the following variation: There is only a single difference: we've changed tile exponent on production of the output good so that there is now n diminishing product to ideas in that sector. Provide an economic..
Calculate equilibrium quantity. Now suppose that the government imposes a tax on consumers of $1 per unit. Recalculate the prices for consumers and producers, and the quantity sold.
Describe operant conditioning in your own words. Thinking of operant conditioning, how could you help your friend use rewards as motivation to study more often?
What is the firm's WTP for land and its bid rent per hectare the following distances from the beltway:
In your opinion, how much involvement should the board have in the financial management of the organization? Where should limits be set, and what should be completely accessible versus inaccessible?
Construct the probability distributions for sales and unit profits.
Assume that your business firm is a price taker and that the company sells widgets at $10 apiece. Your firm is maximizing profits. What price will you charge for your widgets following the discovery of the input and its subsequent use in production? ..
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