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What will happen to the price of planes, to sales, and to profits when Airbus comes out with a new plane?
What happens when there is a surplus of imports brought into the U.S.? Cite a specific example of a product with an import surplus, and the impact that has on the U.S. businesses and consumers involved.
How do they affect the economy in terms of growth, labor force, and price of labor?
Suppose that a researcher, using wage data on 250 randomly selected male workers and 280 female workers, estimates the OLS regression Wage = 12.52+2.12× Male,R^2 = 0.06,SER = 4.2, (.23) (0.36) where Wage is measured in dollars per hour and Male is ..
How would the following changes in price affect total revenue? That is, would total revenue increase, decrease, or remain unchanged? LO2 a. Price falls and demand is inelastic
Assume the consumption function is given by C=200+0.5(Y-T) and the investment function is I=1000-200r, where r is in percent. G equals 300 and T equals 200. Find the equation for the IS curve (hint: use the formula for equilibrium Y = C + I + G and t..
What is the equilibrium level of income? Compute disposable income, consumption and aggregate demand.
Glassworks and Clearsmooth compete in the local market for windshield repairs. The market size (total available profits) is $10 million per year. Each firm can choose whether to advertise on local television.
Illustrate what conditions is it possible to increase production of one good without decreasing production of another
In "The Journal Of Economic Perspectives" published by the American Economic Association studied the concept of standard of living from 1800 to the present. They talk about health, birth rate, length of life, literacy, and politics.
Make sure to select articles (300 words or more) that address all of the needed information below. Short articles will often not provide you with enough detail to write about. In addition, purely statistical releases of data are not wise selection..
How does an economy achieve macroeconomic equilibrium? What affect does a high level of inflation have on macroeconomic equilibrium?
Be sure you fully discuss the economic condition stated in this problem from a theoretical and practical viewpoint. Fully support your statement with references.
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