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If a consumer goes to buy an entertainment center at Best Buy for $2,000 and the mpc is .80, what will be the effect on the economy? What if the mpc really turns out to be .75? Why is there such a difference?
Where does the national unemployment rate stand relative to the Natural Rate of Unemployment
Suppose that two consumers care only about the goods that they own. (The goods are private for them.) Starting from a competitive equilibrium allocation, is it possible for both consumers to be made simultaneously better off by trading with each othe..
Assuming that a merger faces some threats also that the industry decides on self-expansion as an alternative strategy.
Suppose that the real interest rate increase to r = 0.11. Elucidate real output have to be for equilibrium price level to remain at its initial value.
Suppose that the cost of a unit of capital is r and the price of a unit of labor is w and the level of output is y. Write down the long-run total cost as a function of w, r, and y.
One reason for raising interest rates was the prospect of a refinancing issue: a $12 billion issue matures April 1, and the government is expected to seek some new money, in excess of its refinancing needs.
Which of the following equals the market value of all final goods and services produced in an economy, stated in the prices of a specific base year?
Several big companies offer employees time off during the workday to attend seminars on how to improve their health. Some even give bonuses to people who show that they are adopting healthy lifestyles through,
suppose there are two diners. What will they order (at a Nash equilibrium)? b)suppose there are four diners. What will they order (at a Nash equilibrium)?
A city near chicago sold $9000000 in bonds to pay for improvements to an airport. It set up a sinking fund with end-of-quarters payments in an account earning 8% compounded quarterly. Find the amount that should be deposited in this fund each quarter..
Assume that a consumer can buy only two goods, A and B, and has an income of $100. The price of A is $10 and the price of B is $20. Illustrate what is the slope of the budget line if A is measured horizontally and B is measured vertically.
Compare and contrast the Nielsen rating or a given episode on a TV series with the comments posted about the same show on TOP.
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