+61-413 786 465
info@mywordsolution.com
Home >> Microeconomics
What is Deflation?
Deflation in economics refers to reduce in the general price level, i.e. the nominal cost of goods and services as well as wages reduce. As, it is an opposite of inflation.
Microeconomics, Economics
Question: C = 10 + 0.9 (Y-T), I = 80, G = 65, and T = 50 Imports and exports are given by: IM = 0.3Y and X = 0.2Y* Foreign income (Y*) = 1000 (a) Draw representative graphs of the goods market and net-exports. Draw your ...
Question: Two random variables X and Y have the probability functions: A joint probability is:P(X = 2 and Y = 1) = 0.2 (a) Find the conditional probability function of X given Y = 1. (b) Find the conditional mean of X gi ...
Question: In 2001 and 2002, political opinion was bitterly divided between the Republicans, who wanted to cut high marginal personal income tax rates and offer retroactive benefits to corporations by canceling the altern ...
Question: A business that engages in substantial trading of commodities, currencies, and financial instruments must trust its traders to act with some prudence and with knowledge that the company's overall financial perf ...
Question: One constraint in our economy is time. As a society, we make choices about allocation of time between work and other pursuits. In the US, most workers are eligible for overtime pay if they work more than 40 hou ...
Question: Research and address the following points: • Make an assessment as to whether any of the collaborative models - such as the mega-community model or Friedman's CSR approach offer hope for a better solution and a ...
Question: What are harmful manifestations of plastic shrinkage of concrete in (a) reinforced columns and (b) slabs? Assuming that the air temperature is 21°C, the concrete temperature is 24°C, and the wind velocity is 30 ...
Question: Read the article, The Ethics of Big Data. Based on the content presented in the article, describe the microeconomic principles being used, in other words what is the impact for demand? List the different types ...
a) In 1994, the marginal cost of producing the Power Mac was about $1,500 per unit, and a rough estimate of the monthly demand curve was: P = 4,500 - .15Q. At the time, what was Apple's optimal output and pricing policy? ...
Question: It is desired to make a preliminary estimate of the cost of building a700 MW fossil-fuel plant. It is known that a 450-MW plant cost $100 million twenty (20) years ago when the approximate cost index was 550, a ...
Start excelling in your Courses, Get help with Assignment Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.
Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate
Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p
Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As
Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int
Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As