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suppose the local crawfish market is perfectly competitive with the following market demand and supply market demand qd
assume that opec is made up of only two countriesmdash saudi arabia and kuwait each country can produce one unit of
suppose it is the year 2050 and the us economy appears to be heading into recession including rising unemployment you
the minimax regret approach is a purely optimistic b both purely optimistic and purely conservative c purely
autoregressive models a are used to smooth out random fluctuations in time series b occur whenever all the independent
consider a bank that has made 100 mortgage loans of the following formloan amount 200000fixed mortgage rate
gdp is defined as the market value of all final goods and services produced within a country in a given period of time
1 explain what a ldquofiscal externalityrdquo is and give an example of fiscal externality explain in words why it is
in 1958 aw phillips stated that inflation and unemployment are correlated in 1972 milton friedman stated that phillips
use of discretionary policy to stabilize the economyshould the government use monetary and fiscal policy in an effort
suppose that the demand for and supply of bonds both change with the state of the business cycle in economic expansions
an economics professor of a monetary economics course assigns the following short-answer assignment ldquodifferences in
at the end of the third quarter of 2015 the money supply in the us was 2 trillion that is the available currency and
in november sugar prices decreased 1 to 1626 us cents a pound sugar prices are down almost 17 so far this year
1 identify the assumptions associated with a firm operating under perfect competition and what the implications of
an imperfect competitor is currently producing at an output level where mr 0 as a consultant to this business state
suppose that government policymakers decide that they will change taxes to raise aggregate output by 400 billion and
under patent protection a firm has a monopoly in its production market demand is estimated to be p 100 ndash 2q the
to properly justify the governmental provision of a public good it must be the case that the and that good is indeed a
consider a credit default swap cds of a notional amount 10 million and a term of one year the cds spread is 120 basis
consider a monopolistically competitve market with n firmseach firmss business opportunities are described by the
the bureau of labor statistics reported that in 2004 the total labor force was 147401 thousand of a possible 223357
there are two individuals with demand for streetlights qd1 150 minus p and qd2 200 minus p the market supply of
the residents of mobile city all live in mobile homes which they own however they rent land for their homes from
two economists agree that labor market discrimination against certain workers unfairly leads to lower wages for the