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Why does the aggregate demand curve slope downward?Give at least three reasons and examples when addressing thisquestion. Identify an event that would shift the AD curve and whichdirection the AD curve will shift.
What is the main difference between the demand curves for the perfect competitor and the monopolist? Explain the difference between the firm's demand curve for each and then for the market for each.
The Bureau of Labor Statistics reported that in January 2000 total labor force was 140,910,000 of a possible 208,782,000 working age adults.
What is the appropriate balance between private and public (i.e., government) activity Think of a case where the government has intervened (or it was suggested that government intervene) in a previously private market
Provide an economic explanation of EACH of the changes you have shown in your diagram above. Be sure to discuss any adjustment process that occurs during the transition period from the economy's initial steady state to its final steady state.
If the numbers of home and commercial users are equal, and you cannot distinguish between commercial and home users, what is the most profitable pricing strategy.
Suppose the costs also benefits incur at the end of the year, should the city buy the trucks.
Suppose that the production of $1 million worth of steel in Canada requires $100,000 worth of taconite. Canada's normal tarrif rates for importing these goods are 20% for steel and 10% for taconite. Given this information, calculate the effective ..
What sort of shift in supply or demand would result in a market equilibrium with higher prices but lower sales volume? A shift inward in supply could lead to an equilibrium with higher prices but lower volumes. What might cause such a shift?
Suppose you are the production manager for Widgets, Inc. Your job is to produce a fixed amount of output at the lowest cost possible. When you take over the position, you find that the price paid for a unit of labor is $20 (W = $20), and the price..
Explain why you would be more or less willing to buy a share of Apple Computers stock in the following situations:
Differentiate at least two 2-year forecasts from separate sources for real GDP and Producer Price Index
Illustrate what happened to employment during the rest of 2008. What are some of the alternatives to a tax cut that might have been used.
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