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Consider a market where supply and demand are given by QXS = -16 + PX and QXd = 83 - 2PX. Suppose the government imposes a price floor of $36, and agrees to purchase any and all units consumers do not buy at the floor price of $36 per unit
Business Economics, Economics
Explain why the purchase and sale of used goods and of financial assets are not included in the calculation of GDP even though transactions in these items amount to billions of dollars daily.
"Brexit" A. What are the economic implications? Provide a credible citation. B. What possible impact could this event have on European trade? Provide a credible citation.
Now assume that a country A takes 100 hours to produce 20 aircraft or 10 jet engines and country B takes 100 hour to produce 15 aircraft or 5 jet engines. Which country has an absolute advantage in which product? Does ei ...
Suppose a bond with no expiration date has a face value of $10,000 and annually pays a fixed amount of interest of $900. a. In the table provided below, calculate and enter either the interest rate that the bond would yi ...
The probability that a married man watches a certain television show is 0.4 and the probability that a married woman watches the show is 0.5. The probability that a man watches the show, given that his wife does, is 0.7. ...
A researcher wishes to? estimate,90?% ?confidence, the population proportion of adults who say chocolate is their favorite ice cream flavor. Her estimate must be accurate within 1% of the population proportion. ?(a) No p ...
Discuss the benefits and challenges of developing center-based learning environments.
Identify a recent merger/acquisition and use it to and explain: was the merger/acquisition predominately about gaining economies of scale or economies scope?
A population has a mean mu=90 and a standard deviation sigma=20. Find the mean and standard deviation of a sampling distribution of sample means with sample size n=254. mean/x= ? (simplify) sigma/x= ? ( type an integer o ...
1. Which of the following statements is not true about an excise tax? A- A unit tax is an excise tax. B- An excise tax is levied on the purchases of particular good or service. C-An excise tax is based on an individual's ...
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Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate
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