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If the price of a basket of goods in 1982-1984 was $200, the price of the basket in 2009 was $500, and the price of the basket in 2010 was $700, what is the CPI for 2009?
If a nation desires to have stable prices (or low inflation), why not simply pass a law that prohibits firms from changing prices? Explain the pros and cons associated with this case.
How does technology impact the overall operations of a criminal justice organizations? Discuss both advantages and disadvantages of the use of new technology. Describe some limitations of becoming to dependent on technology.
Techland and Clothworld are 2-nations with the similar number of employees. In Techland each employee can make 4 units of technology OR 4 units of clothing.
In the USA, it is the opposite: No harvesting is allowed unless the deceased had signed, while still alive, an organ donor form authorizing doctors to harvest any needed organs. Use supply and demand figures to show in which country organ shortage..
Econ 104- If the Fed were to do nothing, what might the U.S. Congress do to stabilize aggregate demand? Again, please be specific.
Assume that there are many countries capable of producing two goods, and that each country has only one factor of production, labor.
Illustrate what factors will increase or decrease the level of international capital mobility between one nation and the rest of the world.
a paper recycling facility is proposed ofr a town. because of the bleaches and other chemicals used in paper recycling, there are concerns about the air and water pollution from the plant. a team of economists has studied the facility. the total b..
Two company face a demand equation given by: P=200,000-6(q1+q2) where q1 and q2 are the outputs of the two firms. The total cost equations for the two company's are given by:
two indicators of economic development include gross domestic product gdp and the human development index hdi. what is
What impact does the federal government's subsidy of 38 cents per litre on ethanol production have on the market for ethanol in Australia? Will the producers of ethanol necessarily be 38 cents per litre better off because of the subsidy?
A firm faces the following demand and total cost functions:
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