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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?
Explain how would an increase in the present rate of oil affect the time of development if the rate of price increase in the future remains at 2%.
If consumption is given by C = 200 + 0.75(Y - T) and investment is given by I = 200 - 25r, then the formula for the IS curve is:
Calculate what happens to the terms of trade index for some country between 1995 and 1997, if, in 1995, the price index for its exports was 110 and the price.
What does the ad attempt to encourage children to do? Why are children considered to be a special audience when it comes to mass media and advertising?
Numerically, what is the short run equilibrium GDP, Price, Real Interest Rate, Unemployment Rate, Taylor Rule Fed Funds, and Level of Investment?
Should price rise for products in demand be allowed during extreme times of demand.
Please discuss the following videos in relationship to our course. For example, how does what is represented in these videos apply to managerial economics and our economics world?
Elucidate what determines the rate of inflation when the economy is at long-run equilibrium.
Consideration is a concept devised by English common law, and is required for simple contracts, but not for special contracts?
Assume Springfield's economy moves into a recession and Y falls to $9 and increasing unemployment allows widget makers to decrease wages to $18 per hour.
1. Search for a fair trade agreement that would cover a product and then code that product using the International Harmonized Codes system at the US.
Some of the fields have large enough quantities of both oil and natural gas that coordination must achieved for the production of both rather than oil alone.
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