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If the CPI was 110 last year and is 121 this year, what is this year’s rate of inflation? In contrast, suppose that the CPI was 110 last year and 108 this year. What is this year’s rate of inflation? What term do economics use to describe this second outcome?
use the principles of supply and demand to address a predetermined goal set by the student in the gasoline market. be
Find the optimal capital and labor inputs given the production function f (k, l) = ak + bl and that the output price is given by p, the rental price of capital is r and w is the wage.
Can a for-profit business engaged in maximizing profits also be an ethical business? If so, why or why not? Include discussion of at least 1 ethical theory, refer to a least 2 materials assigned in Theme 2, and give at least 1 specific example to cla..
The interest earned is deposited back into the savings account at the end of each month. How much is this account worth after 38 years?
how much of the differences in output per worker between Spain and India can be explained by differences in total factor productivity and how much can be explained by differences in capital per worker.
The demand function is given by p(y) = 140 - y/3. What is the level of output that will maximize profit?
Depreciation in the value of the Japanese currency in relation to the US dollar does not allow the Japanese firms to sell more in the USA marketplace.
Refer to the above graph for a profit-maximizing monopolist. At equilibrium, the firm will be earning:
Suppose that aggregate planned expenditure increases by $0.75 trillion for each $1 trillion increase in real GDP. If investment increases by $1 trillion, calculate the change in the quantity of real GDP demanded if the price level is constant at 105.
Elucidate how does TARP illustrate the problem of moral hazard. Illustrate what did the Federal Reserve do during the financial crisis.
Explain how the short-run Phillips curve, the long-run Phillips curve, the short-run aggregate supply curve, the long-run aggregate supply curve, and the natural rate hypothesis are all related.
If the loan interest rate is 15% (APR) compounded monthly, $150,000 is borrowed and repaid in 36 equal monthly payments. How much of the 30th payment would be interest?
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