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assume that gross private domestic investment is 800 billion and the government state local and federal combined is currently running a 400 billion
1 consider 2 countries avataria and twilightia which can be described by the solow model avataria has a capital-labor ratio that is initially twice
the answer to each question should be a short to long paragraph1 how does an expansionary monetary policy work describe the steps through which an
supply qs600100pdemand qd1200-200pwhere qs is the supply of packs of cigarattes and qd is the demand for packs of cigarettes1 draw a supply and
the figures below indicate the number of mergers that took place in the savings and loan industry over a 12-year periodyearnbsp
using the following equation for the demand for a good or service calculate the price elasticity of demandcross price elasticity with good x and
the marginal product of labor measured in units of output for a certain firm is given by mpn 309 - 2n n is the labora what is the profit maximizing
the marginal product of labor measured in units of output for a firm ismpn a100 - nwhere a measures productivity and n is the number of labor hours
in a local market the monthly price of internet access service decreases from 30 to 20 and the total quantity of monthly accounts across all internet
wooldridge using data from 1988 for houses sold in andover massachusetts from kiel and mcclain 1995 the following equation relates housing price
max has a utility function ux y 2xy 1 the prices of x and y are both 1 and max has an income of 20a how much of each good will he demandb a tax is
casper consumes cocoa and cheese cocoa is sold in an unusual way there is only one supplier and the more cocoa you buy from him the higher the price
jims utility function is ux y xy jerrys utility function is ux y 1000xy 2000 tammys utility function is ux y xy1 - xy orals utility function is
mac rowe doesnt sweat the petty stuff in fact he just cannot detect small differences he consumes two goods x and y he prefers the bundle xy to the
european governments tend to make greater use of price controls than does the us government for example the french government sets minimum starting
in order to ingratiate himself with voters the mayor of gotham city decides to lower the price of taxi rides assume for simplicity that all taxi
use the following equations for demand and supply to solve for market equilibrium price and quantitydemand qd 100 - 4psupply qs 10
consider the following linear programming problemmin a 2bsta 4blt or equal to 212a b gt or equal to 73a 15b lt or equal to 21-2a 6b gt or equal
suppose a single parent can work up to 16 hours per day at a wage rate of 1000 per hour various income maintenance programs have been developed to
a consumer of two goods faces positive prices for both goods and has positive income her preferences over consumption of good 1 and good 2 are
suppose that a mutual fund has an annual rate of return that is normally distributed with a mean of 10 and a standard deviation of 4 what is the
the following table shows nominal gdp and an appropriate price index for a group of selected years compute real gdp and indicate in each calculation
in order to have money available for replacing their family vehicle a couple planned to have 220000 available in 10 years by investing if they plan
a private-garage owner has identified two distinct market segments short-term parkers and all-day parkers with respective demand curves of ps3-qs200