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Suppose there is a simultaneous increase in the demand for diamonds and increase in the supply of diamonds. Which of the following will occur as a result of these simultaneous events?
a. Both the market clearing price and equilibrium quantity will rise.
b. The market clearing price will fall, but the equilibrium quantity may rise, fall, or stay the same.
c. The market clearing price may rise, fall, or stay the same, but the equilibrium quantity will increase.
d. The market clearing price will fall, but the equilibrium quantity will rise.
Lag Length criteria VAR Lag Order Selection Criteria Endogenous variables: OIL EXCH R RPI LUNEMP GDP
If the indifference curves are straight lines with slope s, and the budget constraint is given by: x*p1+y*p2 = m, then describe the optimal choice of the consumer.
acceptedcapital structure theories
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