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1. What determines whether or not a resource is scarce? Why is the concept of scarcity important to the definition of economics?
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Project DescriptionThis project is based on selling selfie drones. They are the most recent and trending innovations in the market at the moment. They can be used in wide business environment since th
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BC Aviation is a manufacturer of small single-engine airplanes. The company is relatively small and prides itself on being the only manufacturer of...
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can you help me with my homework qustion?
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Suppose you have n observations on Y and X and estimate by Ordinary Least Squares (OLS) the coefficients and in the model Y = + X + , where is a
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Thank you. If your MPC is always 2/3, and your break-even point is $6000, then with $7200 of disposable income, calculate what your level of...
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You buy some beads and string from a student on campus to make a bracelet for yourself. You valued the materials at $11 but were charged only $7.
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GDP is often used to measure an economy's level of well-being from one time period to another, and to compare one economy's welfare to another.
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ds money and who borrows money when buying and selling bonds? What is the relationship between interest rate, present value, and the length of a bond?...
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Assume the price elasticity of demand for physicians' services is -0.2. If your marginal cost per visit is $20, what is your profit-maximizing price
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Consider a market for two differentiated products.
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A newspaper article once reported that the U. Economy was experiencing a low rate of inflation. It said that "low inflation has a downside:
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in the economy of lendland the commercial banks have deposits of $500billion. their reserves are $50 billion.
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Describe the components of economic perspective. Explain how domestic output and national income are measured. Explain how GDP is adjusted to account...
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-_1668618 18 https://www.google... G svo psychology - G... = ww2 - Google Docs Remaining Time: 1 hour, 55 minutes, 09 seconds. * Question Completion
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QUESTION 12 Which of the following correctly completes this statement?
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aining Time: 1 hour, 55 minutes, 34 seconds. estion Completion Status: QUESTION 8 Rachel is consuming A and B so that MUA/PA = 1 and MUB/PB = 16. To...
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1). Why would the chair of the Federal Reserve be concerned with slow growth of the labor force, falling labor force participation and slow growth in...
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The total revenue curve shows that: 1)as prices rise TR will always increase 2 .raising the price on inelastic demand will cause TR to increase.
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Data , 2000 - 2018 Economic Indicators Policy Indicators Federal CPI All - BAA- AAA Budget Items CPI Core Corporate Balance , Federal Real GDP...
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Suppose that at 500 units of output, the marginal revenue is equal to marginal cost. The firm is selling its output at $10 per unit and average total...
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Problem #1: A tax on earnings This problem focuses on the labor supply effects of taxes. Assume there is a worker (Cosmo) who has a utility function...
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Consider the data for 2018-19, the Federal Reserve statement, and the Wall Street Journal articles. 1).Which of the following best describes the
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Have an assignment in macroeconomics due and need some help. Attached is the assignment.
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MACROI need this attachment reworded
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Suppose the following data describe a nation's population: Year 1 Year 2 Population 310 million 320 million Labor Force 150 million 160 million...
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Figure 11.9 LRAS SRAS D Price Level {CPI) AD Real GD?
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Suppose the National Bank of Commerce has excess reserves of $10,000 and outstanding checkable deposits of $200,000.
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Your job in this question is to explain a couple of puzzling facts about the US manufacturing sector over the last 20 years. Employment in US...
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If the multiplier for government spending is 1.60 and government spending is increased by $160 billion, calculate the amount by which the demand...
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Up until the Supreme Court's decision in Brown, the courts said that racial segregation imposed by a state did not violate the equal protection
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Suppose you are currently employed. Last year your income rose to $40,000 from $30,000 a year earlier and your taxes rose to $3300 from $300.
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The practice of exporting US jobs to lower paid employess in other nations?
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In view of the weak economy of the last several years, explain which of the four (4) components of GDP had, or is having, the greatest positive...
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Consider the following production function: q = 100 L 0.5 Currently the wage rate (w) is $20.00 and the price of capital (r) is $5.
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In a long-run perfectly competitive market, the firms will produce and operate when: Fixed cost LATC (long-run average total cost curve) b. P ...
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a) Draw a 2-player payoff matrix showing the payoffs for each player depending on if they and their competitor use drugs to enhance their performance...
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Use the AS-AD model to explain how Canada's declining business confidence can change the short-run equilibrium real GDP and price.
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if the variable is nearly normally distributed does that mean you use normal distribution?
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Firms charging an identical price will always be the case in perfect competition since any firm that charges more than the going market price will...
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With respect to the transportation industry, provide several key points explaining the meaning and significance of the term "Intermodal.
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a firm has a cobb douglas production function q= AL^aK^b, where a+b is =1. what properties does this cost function have.
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4) If, during a deposit expansion, not all money gets redeposited into the banking system and some leaks out ' as currency, then the real world...
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Suppose that the following equations describe an economy. (C, I, G, T, and Y are measured in billions of dollars, and r is measured as a percent; for...
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A price-taking firm's variable cost function is VC= 2Q^3 where Q is its output per week. It has a sunk fixed cost of $500 per week. Its marginal cost...
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What were the company's fixed cost at the time? How's the company doing today? What brands did it have to let go and why?
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A political campaign manager must decide whether to emphasize television advertisements or letters to potential voters in a reelection campaign.
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The price elasticity of demand for air travel differs radically from first class -.3 to unrestricted coach (-.4) to restricted discount coach (-.
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UCIMCAFFEINATED produces coffee according to the following tech nology: q = 200l1/2, where q denotes the quantity of coffee (in cups) produced and l...
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You have just inherited $100,000 from your rich uncle Sam. Being the conservative sort, you rush to your local bank and deposit the entire windfall....
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