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Question: 1. Suggest two regulations that the Reserve Bank of New Zealand could introduce to reduce the risk of asset price bubbles in the future.
2. Write a note on the prospects for economic growth in New Zealand for the next twenty years. be sure to highlight the main policy choices that the government faces in encourging higher rates of growth, including any trade-offs.
Draw the Circular Flow Model of a simple economy with the roles of firms, Households, Government and a foreign sector. In addition, identify the factor and product markets in this economy.
Explain how the iPhone app market can be explained by the perfectly competitive model? Explain how marginal cost, marginal revenue and average total cost influence developer decisions.
Which of the following is an example of a change in the quantity demanded? (Hint. For which items is there a direct change in price that leads to a change in quantity demanded) Markets are more efficient when information is perfect;
Consider Pat's Pizza Restaurant's production decision in both the short-run and long-run. Pat wants to improve the productivity of the firm in the long run.
where P is the original price paid for the car. If P = 35000, determine the selling price of the car after 5 years. What is the rate of depreciation of the car after 7 years?
Describing How did Malthus believe population growth would affect the future of the planet?
describe both quotas and tariffs. how do they impact domestic prices and deadweight loss? how does an import quota
Suppose the marginal costs of production for a company is $6 at its current production levels. suppose the price elasticity of demand is constant at -2 between the prices of $10 to $15, if the current prices are $10 is the company pricing at the corr..
Summarize the national economic conditions for the most recent period covered in the report. Overall, is the economy healthy? If not, what problems is it experiencing?
When in?ation increased sharply in the 1970s, the savings rate increased. Evaluate the role of interest rates and current and future income in explaining this phenomenon.
Give a brief summary of economic costs. Presume a firm is operating at the minimum point of its short-run average total cost curve, so that marginal cost equals average total cost. Under what circumstances would it choose to alter the size of its pla..
What is Zynga's profit-maximizing number of games to be published and what is the total amount of the externality at Zynga's profit-maximizing quantity?
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