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What is the Natural Rate hypothesis? How does it prove the vertical shape of the Phillips curve? Explain the view of monetarists on policy making with the help of Phillips curve in 1960s and 1970s. Be thorough.
Atlas Transportation is considering installing temperature logger in all its refrigerated trucks for monitoring temperatures during transit. If the systems will reduce insurance claims by $40,000 per year for 5 years how much should the company be wi..
Consider a market with inverse demand P(Q) = 100 - Q and two firms with cost function C(q) = 20q. Find the Stackelberg equilibrium outputs, price and profits (with firm 1 as the leader). Compute the optimal profits for the firms.
Using a graph for each team and a few well-chosen sentences, show how the Phillies and Eagles may both be profit maximizing if the Phillies are not selling out Citizen’s Bank Park (45,000 seats) while the Eagles do sell out Lincoln Financial Field (9..
For each one of the costs below, explain whether the resource cost is explicit or implicit, and give the annual opportunity cost for each one. Assume the owner of the business can invest money and earn 10 percent annually. Computer programmers cost $..
Why should this policy be undertaken under conditions where economy is at some GDP level less than full employment level? You may use a long run aggregate supply curve to bolster your argument here.
What are the arguments for and against granting amnesty and the possibility of citizenship to illegal immigrants? Name at least 5 for each.
Call P the unit price of each stamp and find out how many stamps and how many photocopies the firms purchase depending on the value of P.
Distinguish between a nonprobability and a probability sampling method. Which one is the preferred method and why? Indicate pros and cons associated with probability and nonprobability sampling methods
After reading Chapter 8 in the text and viewing the required video for this week, Fixed, variable, and marginal cost, address the following in your initial post: First, describe several different fixed costs and variable costs associated with operati..
On January 1 2015, your savings account will be worth $259,000. Every month thereafter, you make a cash contribution of $767 to the account. If the fund is expected to be worth $410,000 on January 1, 2020 what will the annual interest rate of interes..
If average variable costs are assumed to remain constant over a 10 percent increase in output, evaluate the effects of the proposed price cut on total profits.
Can you recognize from the graph the period for which Canada was on affixed x-rate regime with the US dollar and the UK pound? What was this period.
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