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In 2001, the US market of sunflower oil was described by the following domestic supply and demand equations:
Qdus =5000-2p Qsus = -3000+8p
where Qdus and Qsus represent the quantities demanded and supplied (in billions of metric tons) and P is the price per metric ton of sunflower oil(in$).
What was the market equilibrium rice per metric ton of sunflower oil? How many billions of metric tons were sold at this price (what was the market equilibrium quantity)? At this market price, what were revenues for US sunflower oil producers?
In the country A, all wage contracts are indexed to inflation. That is, each month wages are adjusted to reflect increases in cost of living as reflected in changes in price level. Explain answer with aggregate supply and aggregate demand curves.
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Use the following link to perform the Data Mining tutorial in SQL Server Data Tools (SSDT) for SQL Server 2014: https://technet.microsoft.com/en-us/library/ms167167(v=sql.120).aspx. Use AdventureWorks 2014 Data Warehouse Database.
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Jennifer divides her income between coffee and croissants (both of which are normal goods). The government has decided to impose a tariff on coffee beans in order to promote the coffee industry in Canada. This tariff results in an increase in the ..
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Hold as a given that the public does not change their currency holdings and that banks do not hold any excess reserves. What will be the change in deposits resulting from a $50 million open market purchase by the Federal Reserve Bank?
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