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Q. If free trade is allowed, what is the domestic quantity supplied, domestic quantity demanded, and the quantity imported?
Q. Deficit spending paves the road to ruin. If we keep it up, the whole nation will go bankrupt. Even if things do not go this far, what right have we to burden our children and grandchildren with these debts while we live high on the hog. Discuss this
A farmer owns a plot of ground also sells the right to pump crude oil from his land to a crude oil producer.
Find out the optimal price-quantity if the firm is not able to price discriminate.
What is the difference between a production function and an quant. Explain the law of variable proportions with the help of quant.
Monumental architecture is unique to individual cities, illustrate what does the structure imply about the socio- economic also political organization which created it.
Consider a product market for a normal good. Suppose consumers' income increases. Explain what will happen to labor demand for firms in that market.
Assume which all other banks hold only the required amount of reserves. If Nan Bank Inc. decides to reduce its reserves to only the required amount, by how much would the economy's funds provide increase.
Consider that, in this case, we 1st add (marginal) costs, not quantities, since these are the costs associated with each t-shirt.
Some economists argue that it is possible to raise the standard of living by reducing population growth.
As Bavarian Crystal Works is only one for many crystal producers in the world market, it can wholesale as many of the decanters as it wishes for $50 apiece.
Assume an endogenous growth model with labour augmenting technology.
Show how the transaction would have been recorded in the German balance of payments accounts. What was the net effect on the German balance of payments.
Illustrate what do the nominal interest rate also the real interest rate that Whitney can earn. Whitney puts money in a savings account at her bank earning.
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