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1. What is currency?
2. What is causing bank deposits to grow at a very fast rate starting in 1880 compared to currency?
q1. hillary proposes instead that she specialize in making clothing i.e. shell do all the clothing production for the
Identify four (4) forms of price discrimination that various entities are subjected to in the consumer market.
Third Problem Professor Bong has just written the first textbook in Punk Economics. It is called Up Your Isoquant. Market research suggests that the demand curve for this book will be Q = 2, 000 − 100P, where P is its price. It will cost $1,000 to se..
Is it possible for the short-run run market supply curve to show that quantity supplied increases only if price increases and for the long-run market supply curve to indicate that market price does not increase as quantity supplied increases? Why or ..
Bryan's muffins, Inc., generated $5,000,000 in sales during 2013, and it's yearend total assets were $2,500,000. Also at year end 2013, current liabilities were $1,000,000, consisting of $300,000 of notes payable, $500,000 of accounts payable, and $2..
The market for 4WD cars has been described by the following supply and demand functions: How much is the government revenue from the tax on suppliers? A per-unit tax of $4,000.00 per car is imposed by the government on the firms that sell 4WD cars. D..
Consider the problem of too much garbage in the US. In Albert's home town, the demand for garbagecollection per bag is q^d = 2000 - 100p. It costs the city $2 for each bag it picks up (MC = $2). However,the town does not charge its residents for each..
Consider the following system of simulataneous equation system in “supply and demand form”: y1 = γ1 + α2 y2 + β1z1 + u1 y2 = γ2 + α1 y1 + β2z2 + u2 (i) Is the above system identified? Show this using the order-condition for identification.
Suppose that the aggregate demand and supply schedules for a hypothetical economy are as shown below: Use these sets of data to graph the aggregate demand and aggregate supply curves. What is the equilibrium price level and the equilibrium level of r..
If expected inflation is constant and the nominal interest rate increases, how does the real interest rate change?
What will be the prime time viewing percentage of the pie chart for the following data? How do I answer this question?
Discuss the Kushan Empire and the influences of both Greek culture and Buddhism on its culture. Why was Buddhism such a good "fit" as a religion for a commercia
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