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if money supply consist of $1000 in currency and output is at potential, the government has only $100 budget deficit . It doesn't want to rise tax but instead wants to print $100 currency to balance its budget. What would be the long run result?
Based on a 90% confidence interval for the population mean, we can conclude that 0.1 is a plausible number for the population mean µ.
Hikaru consumes only sashimi and ps4 games. The price of a sashimi is p1 = $3 and the price of a ps4 game p2 = $10. Suppose that if Hikaru buys 10 pieces of sashimi and 6 ps4 games, he spends his income completely. Find Hikaru’s income and plot his b..
Down Under Boomerang, Inc., is considering a new three-year expansion project that requires an initial fixed asset investment of $2.73 million. The fixed asset will be depreciated straight-line to zero over its three-year tax life. The tax rate is 30..
Do you think that international migrants self-select in a way that results in migrants having, on average, different personal characteristics than people who do not migrate? Why and what consequences would such differences or similarities have on the..
Would you expect deviations from the law of one price between the United States and Mexico to have risen or fallen over the past two decades? Explain your answer carefully, providing details on the types of goods and services which you believe would ..
Illustrate what is the gain in consumer's surplus for ABC fan that can get these sweaters at Target instead of at the ABC.
Suppose there are two competing companies in an industry that has a network externality. Explain why it is likely that the company able to sustain the largest initial losses will eventually dominate the market.
"Which side of the market, supply or demand, that bears the burden of a tax on a good or service depends upon the relative supply and demand:"
When the Bank of Canada's foreign exchange traders go into the market to support the Canadian dollar, they trade US dollars from Canada's reserves for Canadian dollars that other people are trying to sell. The Canadian cash resulting from this transa..
John Johnson and Kevin Murphy own and operate a van conversion operation for the major auto companies. Johnson and Murphy has fixed capital and labor expenses of $1.2 million per year, and variable materials expenses average $2,000 per van conversion..
Which of the following is NOT required for Solver to generate a solution?
The issue of competition over time presents a number of problems for a firm. Based on research for this question and personal experience, what do you believe is the most effective way a firm can compete over time? Your answer should address some of t..
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