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MT 445

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MT 445 Unit 1 Assignment   MT 445 Unit 2 Assignment   MT 445 Unit 3 Assignment   MT 445 Unit 4 Assignment   MT 445 Unit 5 Assignment   MT 445 Unit 6 Assignment   MT 445 Unit 7 Assignment   MT 445 Unit 8 Ass..
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Analyze whether each of the following is primarily a microeconomic or a macroeconomic issue: Explain why each of the following is either a positive or normative economic statement. Identify the effect of each of the following on the United States Production Possibilities Frontier (PPF).&n..
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Compare and contrast the following exchange rate systems:  Thoroughly discuss advantages and disadvantages of each system and explain how exchange rates are determined under each system.   ..
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Analyze what would happen to equilibrium price and quantity in the market for Pepsi if the following occurred (be sure to indicate WHY it happens as well): Analyze the following demand and supply equations. What is market equilibrium price?  What is market equilibrium quantity? Assum..
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Is the price elasticity of demand for gasoline more elastic over a shorter or a longer period of time? Is the price elasticity of supply, in general, more elastic over a shorter or a longer period of time?  Explain. Why is the supply curve for labor usually upward sloping? In the..
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Identify whether each of the following is an explicit cost or an implicit cost: Consider the following information in the table for Pat’s Pizza Restaurant and answer the questions below. Consider a firm’s production decision in both the short-run and long-run.  Explain what type of i..
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How does the demand curve faced by a perfectly competitive firm differ from themarket demand curve in a perfectly competitive market? A perfectly competitive firm has the following fixed and variable costs in the short run. The market price for the firm’s product is $140. How does th..
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Do the firms in an oligopoly act independently or interdependently? Explain your answer. A monopolistically competitive firm has the following demand and cost structure in the short run: Suppose that Wal-World and Tarbo are independently deciding whether to implement a new bar code techno..
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Why does inflation make nominal GDP a poor measure of the increase in total production? Which component of GDP will be affected by each of the following transactions involving FlyCheap Airlines? If you do not believe any component will be affected, briefly explain why. In an open economy,..
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Determine whether each of the following would cause a shift of the aggregate demand curve, a shift of the aggregate supply curve, neither, or both. Which curve shifts, and in which direction? What happens to aggregate output and the price level in each case? Determine whether the following st..
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Determine whether each of the following is counted in the M1 measure of the money supply: Refer to the simplified balance sheet for a bank and answer the following questions. Identify each of the following events as: Assume the Federal government runs a budget deficit in the current f..
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