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Question: Can someone explain to me what happens to the equilibrium point when demands shifts unexpectedly? Provide justifications and citations for your responses.
Macroeconomics, Economics
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Question - Please write down the amount of Turkey's energy consumption, renewable energy consumption, non-renewable energy consumption, electricity consumption, electricity production, electricity consumption from renewa ...
Question: When using OLS, we assume that the errors are independent (i.e., not serially correlated) and normally distributed with constant variance (i.e., homoscedastic). These assumptions allow us to use the F and t dis ...
Question: According to your textbook in the Aggregate Supply (AS) theory an increase in output leads to an increase in the price level. What is the assumed causality? Explain why this should be considered flawed? The res ...
Question - You have a full-time job but you decide to go to a college and be a full-time student. What is your total economic cost to be a full-time student? Provide and discuss two items of explicit cost and two items o ...
Please Answer The Following Four Discussion Questions 1. Explain four types of unemployment 2. Explain the advantages and disadvantages of: (a) A flexible exchange rate regime (b) A fixed exchange rate regime 3. Suppose ...
Question - The question about African Economy In no more than about half a page to a page each, answer the following questions: What are your preconceptions of Africa? When you think of Africa, what comes to mind? Be spe ...
Question: Jane's juice bar has the following cost schedules: quantity variable cost total cost 0 vats of juice 0 30 1 10 40 2 25 55 3 45 75 4 70 100 5 100 130 6 135 165 a. calculate average variable cost, average toal co ...
Question - Consider a market with 100 consumers. Each consumer would like to buy at most one unit and is willing to pay up to 10$. There is an incumbent firm that already operates in the market and a potential entrant fi ...
Question: 1. Suppose the marginal propensity to consume is 0.6, the marginal tax rate is 0.25, and the the marginal propensity to import is 0.2. What is the multiplier? 2. Suppose that in the economy described in the pre ...
Discussion Questions Question 1: What are the main reasons why Nigerians living in extreme poverty? Justify. ( 7) Question 2: Why GDP per capita wouldn't be an accurate measure of the welfare of the average Nigerian? Exp ...
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