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Which of the following is a valid reason as to why prices will not always adjust to changes in spending?
a. not all prices are set at the same time but are staggered in time
b. labor’s productivity is falling as education in other nations is improving
c. firms refuse to accumulate inventories and lower prices to keep inventories from increasing
d. all of the above
Suppose that the Thai Baht is trading for $0.02, inflation in the US is 3% and inflation in Thailand is 1%. What must happen to the exchange rate in order for the purchasing power parity condition to hold?
q.your firm is considering the purchase of an old office building with an estimated remaining service life of 25 years.
Between 1990 and 2006, the real value of the minimum wage declined, as measured using the CPI. Assume that the goal of the minimum wage policy is to maintain a constant standard of living for minimum wage earners over time (i.e. their utility, on ave..
Assume you just finished your third plateful of Thanks giving dinner also it yielded zero units of additional satisfaction.
what is the new wage and employment level; are employees better or worse off as a result of the health insurance benefits?
How to define the relevant market to conduct the merger analysis? Explain briefly what is the Hypothetical Monopolist Test. You should discuss what the market definition is and how to include market participants of a relevant market. Explain what are..
A group opposed to free trade concludes that the total number of domestic jobs will decrease because it estimates that 20,000 jobs will migrate abroad. The actual total loss is:
Could you please explain why long run supply curve can be downward sloping and implication for behaviours of price as demand increases over long run.
jessica alba a famous actress starts the baby and family products business the honest company with christopher gavigan.
Consider a hypothetical economy in which the marginal propensity to consume. Plot an economy consumption function.
q.sometimes a bidder on a work contract may bid lower than what would maximize hisher profit from the contract and the
Which of the following is the definition of the Consumer Price Index (CPI)?
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