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given the following information about a closed oil-rich economy which does not impose any tax on its citizens to
peter and jane receive the same annual income but peter who gets paid monthly will have a much higher demand for
using appropriate model illustrate the effect of an expansionary fiscal policy in an open economy operating in free
some politicians in the us would like to see steps taken towards reducing the countrys twin deficit ie a budget and
phoebe is trying new diet she gets 35 grams of fat a week to spend on her two favorite foods french fries and ice cream
consider the following game the game has two players and each player is asked a question the players can answer a
the minimum wage in year 1 is 1 higher than the equilibrium wage in year 2 the minimum wage is increased so that it is
there is a fruit seller who has 30 kgs of apples to be sold and he wants to fix a price so that all the apples are sold
alis budget line relating good x and good y has intercept of 20 unit of good x and 30 units of good y if the price of
a typical firm in a perfectly competitive market made positive economics profit last period what do you expect will
most of the cost of a flat screen tv involves the lcd panel globally 220 million flat screen tvs were sold in 2011 for
in addition to prohibiting development reserving land for open space converts a private good use of the land for
compare the price and output decisions of a profit-maximizing firm under conditions of pure competition imperfect
for each of the following events explain the effect it would have on a pizza restaurants short-run costs draw a
if farmer jones plants no seeds on his farm he gets no harvest if he plants 1 bag of seedshe gets 3 bushels of wheat if
a certain town in kerala obtains all of its electricity from one company south electric although the company is a
big bird air is legally obligated to purchase 50 jet engine from erus at the end of two years at a price of 200000 per
jack spends his whole budget and purchases 8 units of hamburger and 5 units of cake the price of hamburger is twice the
1 explain why the demand for the bridge is likely to be price-elastic2 if the swedish government estimates that the
using at least your textbook and a minimum of three additional sources answer the following questions your paper should
thoreau has preferences for consumption goods c and time spent on leisure l the utility function is uc l cl the
question 1the central bank of the united states isa the bank of americab the federal reserve systemc the us treasuryd
during the great recession like any other economic downturns as unemployment rises aggregate income declines causing a
1is it ethical for a government to act in ways that ldquosocializerdquo financial risks or losses is it ethical to do