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What is the impact of Rice Tariffication Law to the agricultural modernization in the country.
suppose that the economy is currently in a recession. If policy-makers take no action, explain how will the economy evolve over time. Explain in words and using an aggregate-demand/ aggregate-supply diagram.
Which of these methods of encouraging growth would you suggest for the typical company in Hong Kong also Singapore
What policies might the government persue to increase economic mobility within generation and across generations
What condition must exist for a security's price to be considered at equilibrium? Does this actually happen?
How monetary policy affects interest rates and aggregate demand. Analyze how fiscal policy affects interest rates and aggregate demand. Evaluate why policymakers face short-run trade-off between inflation and unemployment.
1. What amount of money is equivalent to recieving 5000 two years from today. If interest is compounded quarterly at the rate of 2.5% per quarter?
A consumer has $120 and faces prices px =$5 and py=$10. Draw its budget set. Suppose its income were to fall to $60. Draw the new budget set. Assume income is again $120, but the prices double to $10 and $20, respectively. Draw the new budget set and..
Static Economics A waterpark is the only one in a small town. Based on past summer season’s ticket sales, they estimate that the relationship between the monthly demand D (in persons) and price of a ticket p (in USD/person) in the town is described b..
Suppose the marginal expense of hiring another worker is $150, and the marginal expense of hiring current workers for an extra hour is $10. The added output associated with an added worker, holding both capital and average hours per worker constant, ..
q.until recently you worked as an accountant earning 30000 annually. then you inherited a piece of commercial real
Suppose that there are only two firms (Firm A and Firm B) in the market for decorative lampshades. Let the inverse demand function and the total cost function be given by: P = 50 –Q and TC = 2Q. Derive the reaction function for Firm A. Solve for t..
New-Project Analysis The president of the company you work for has asked you to evaluate the proposed acquisition of a new chromatograph for the firm’s R&D department The equipment's basic price is $100,000, and it would cost another $15,000 to modif..
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