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Multiple Choice 1. Can a country simultaneously run a trade balance surplus and a current account defi cit?
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4. Which would not be considered as capital (or an economic resource) by an economist?
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the owners of a sucessful resteraunt want a loan for $50,000 to renovate the kitchen and expand the dining room they expect that the extra tables
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The equations modeling supply and demand for flights on Route X per year is given byp 1500 10 q = a2 p 0.
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To predict the probability of default on their bond obligations, Daniel Rubinfeld studied a sample of 35 municipalities in Massachusetts for the year...
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But the assumption of normality for ui is not tenable for the LPMs because, like Yi, the disturbances ui also take only two values; that is, they...
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Mary worked as a real estate agent for Pied Properties for 15 years. Her annual income is approximately $100,000 per year. Mary is considering...
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The own-price elasticity of demand for oranges is -4.5. If the price of oranges decreases by 2%, what will happen to the quantity of oranges demanded?...
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Regulators are considering controlling the emissions from two local power plants.
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Like supermarkets, full-service department stores like Macy's are generally in decline. What factors might these types of stores have in common
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Economic growth from an inefficient level of production can be represented by a: rightward movement of the AD/SRAS intersection point that ends up...
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Larry, Curly and Moe run the only saloon in town. Larry wants to sell as many drinks as possible without lossing money. Curly wants the saloon to...
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Think about the amount of saving that you do. How much of your disposable income do you save? Is it a positive amount or a negative amount?
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Suppose marginal cost of abating X units of pollution is given by: MC(X) = 2X and marginal benefits are MB(X) = 6 - X when X 6 and 0 when X 6....
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Farmer McDonald gives banjo lessons for $20 an hour. one day, he spends 10 hours planting $100 worth of seeds on his firm.What opportunity cost has
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Firm Y follows Firm X Firm Y doesn't follow Firm X Firm Z follows Firm X Firm Y makes $500 , 000 Firm Y makes $800 , 000 Firm Z makes $500 , 000 Firm...
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Suppose the equiilbruim wage rate for apricot pickers is $9.00 per hour in california and at that wage rate the equilibruim quantity of apricot...
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Unemployment insurance is one of the social welfare programs that has been implemented in many advanced economies. Someone argues that the...
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Should we have a Balanced Budget amendment? Are you for or against an amendment and why?
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Purpose of Assignment Identify key economics concepts and analyze supply and demand alternatives. Assignment Steps Select a current events article that focuses on changing economic market conditions a
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10 . Suppose the economy is at full employment . Reduced geopolitical tensions cause* the federal government to decrease military spending , which
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Select an industry or firm. State its market structure (pure competition, monopoly, monopolistic, or oligopoly). Next, please define the characteristics of the industry or firm that support your sele
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Several years ago, Pfizer and Warner-Lambert agreed to a $90 billion merger, thus creating one of the world's largest pharmaceutical companies.
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3 An absentee landlord owns a farm and hires a laborer to work it. The output of the farm as a function of the effort level, e, of the worker is x/E....
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Discussion Topic Instructions : You're the economist ! Are you ready to apply your understanding of the concepts from Chapters 27 to 30 ? Here
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Research the term structure of interest in 1987, 1990, 2005, and 2008. Then review the state of the economy for the year that followed.
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There are occasions where economic theory may suggest that the coefficients in a regression model satisfy some linear equality restrictions.
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Hello, my name is Sankara. I will try upload the exam on comments.
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knightstown has a property tax base with an appraised value consisting of $142,000,000 of taxable real property and $78,000,000 of taxable personal...
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Research and describe the Austrian school of economic thought and the Keynesian school of thought. What are the major differences? Who are the major
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Discuss the merits of this exclusion in terms of both efficiency and equity. Tax efficiency is defined as an attempt to minimize a tax liability...
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What is the correlation coefficient between the CPI core inflation rate and the BAA-AAA interest rate spread for the years 1961-2017?
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The sunk cost fallacy You have good tickets to a basketball game an hour's drive away. There's a blizzard raging outside, and the game is being...
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A monopolistically competitive market is characterized by very high barriers to entry. a few firms producing either differentiated or identical...
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Chapters 6-8 Saved Help Save amp; Exit Sul 6 Suppose the weekly demand and supply curves for used DVDs in Lincoln, Nebraska, are as shown in the...
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Answer the following questions and use examples, justified economic concepts, and ideas. What is the meaning of a derived demand, and how does this
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A monopolist supplies two markets with the demand curves PA = 43 2Qand P3 2 EU Q3. The rm 's total cost function is T0 = 15 + IUCQA + Q3]. This rm
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Econ Reflection Paper (400-500 words) Bostrom Ch.13, 14, 15 http://lesswrong.com/lw/llp/superintelligence_24_morality_models_and_do_what/...
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Suppose the Federal Reserve announced that it would pursue contractionary monetary policy to reduce the inflation rate.
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Question 18 igure 3-7 airyland's Production Possibilities Frontier 10 Toups 10 Icups 9 8 7 6 m 2 1 2 3 4 5 6 7 8 dow's 1 2 3 4 5 6 7 efer to Figure...
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Which of the following could explain the change in the budget line from B to A?
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Exchange rates are 0. dollars per Canadian dollar, 150 yen per Canadian dollar, 0.8 euro per Canadian dollar, and 20 pesos per Canadian dollar. A...
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MBA 6400 Case Study #2 Short-term investment returns:
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Consider that market competition among oligopolistic firms in which two firms produce a homogeneous product and provide it to the market.
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Suppose that labor is paid a competitive hourly wage of $20, and suppose also that the competitive price of machines is $2 per machine and for cloth...
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The 130 campers at Bear Creek Campground love their own campfires but hate the smoke from their neighbors' campfires.
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b) At PX =80 , PY = 1300 AND I = 30 , the demand for good X is given by: QX =600 - 6*80 + 20*30 + 0.4*1300 QX = 1240 The point price elasticity of...
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What are the characteristics of an oligopoly?
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Suppose there is a cyberattack on big banks in the United States leading to decline in confidence in the banking system. What will happen in the...
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Poisson Distribution A statistics instructor has observed that the number of typographical errors in new edition of textbooks varies considerable...
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