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What is different between optimal level of ouput and profit-maximizing?
Which of the following is a measure of the burden of continual deficit financing over time?
What has the average rate of inflation been since 1950, 1960, 1970, 1980, 1990, 2000 and, 2005, 2006, 2007, 2008 and 2009? Construct the table about these average rates of inflation using Excel;
If the interest rate on CDs increases from 5% to 10%, the opportunity cost of holding money will ______ and the quantity demanded of money will ______.
Security is primarily based on projections that there will many more retirees per worker when the baby boomers begin to retire. Then, if we want to maintain a pay-as-you-go system, we can?
What is the range of possible prices that might arise from this bargain? Suppose Ron is much better at bargaining than Andy is, and captures the entire cooperative surplus. What is the price of the
Both industrial unions and craft unions attempt to raise their members' wages, but each goes about it differently. Explain the difference in approaches and describe the impact these differences have
Discuss the two keys that enable a monopoly or monopolistic competitor to successfully price discriminate? Give three real world examples of price discrimination practices that some companies follow
what is the maximum amount you will pay for the new process? assume that the new process must pay for itself by the end of the first year.
Write an explanation for an interrogatory senator outlining how your expansionary acts would operate and what would be the effects on the economy?
If $200 is the "full-employment" level of Y, what fiscal policy might the government follow if its goal is full employment?
For each level of output, calculate the variable cost (VC). For each level of output except zero output, calculate the average variable cost (AVC), average total cost (ATC), and average fixed cost (
Describe the economic impacts of the trend toward monoculture in agriculture.
Calculate the number of people employed part-time, the number of people unemployed, the labour force participation rate, the unemployment rate, and the part-time rate.
Is the real interest rate on this loan higher or lower than expected? Does the lender gain or lose from this unexpectedly high inflation? Does the borrower gain or lose?
What were the effects on South-East Asian investment? For each of the following three cases, derive the expected effects on South- East Asian and U.S. interest rate, saving, investment.
Determine the point price elasticity of demand for Tweetie Sweeties. Determine the point advertising elasticity of demand. What interpretation would you give to the exponent of N?
If the government were to operate under as strict balanced-budget rule, what would it have to do in a recession? Would that make the recession more or less severe?
Calculate the GDP using (i) the income approach and (ii) the expenditure approach. (Both approaches must give the same answer). AND (iii) Gross Investment.
Which of the following are included and which are excluded in calculating this year's GDP? Explain clearly in each instance.
The process of determining the output level that maximizes profits in the short run can also be made by an analysis of the unit cost and revenue functions.
Given the production function: q= 72x+15x2-x3 where Q= output and x= input. What is the Marginal Product (MP) when X = 8?
The equivalent worth measure, to select the preferred design for the project. b. Use the modified B-C ratio method, with PW as the equivalent-worth measure, to select the preferred design for the pr
The airline's project acceptance criteria if the land cost is above $850,000. A developer recently offered US Airways $2.5M for the land. Should US Airways build the training facility at this locati