Indicate the equilibrium production and consumption point
Indicate the equilibrium production and consumption point in autarky, using a PPF and a community indifference curve under increasing-opportunity-cost conditions. Why is this equilibrium? What must occur for this country to gain from trade?
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A pure discount (or zero-coupon) government bond has a face value of $10,000 and a yield of 4.88 percent. If the current price of the bond is $6,800, what is the maturity of the bond?
What will happen to I equilibrium level of output because of this change in facto prices? What will happen to the relative usage of labor and capital because of the change in factor prices? Explain.
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Indicate the equilibrium production and consumption point in autarky, using a PPF and a community indifference curve under increasing-opportunity-cost conditions.
Linda, age 37, who files as a single taxpayer, had AGI of $280,000 for 2013. She incurred the following expenses and losses during the year.
The world market is greater than (P cloth/P machines) in the domestic market. Should it trade? If so, what commodity should it export? Why? Will it gain from trade? How do you know?
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The company is currently producing 40,000 units per month. A potential customer has contacted the firm and offered to purchase 10,000 units this month only. Since the potential customer approached the firm
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