importing country but does not benefit the domestic producers in the importing country. 4. The amount of a good that buyers are willing and able to purchase is quantity demanded. 5. Suppose a market in which demand is more elastic than supply. The incidence of a tax will? fall more heavily on sellers than buyers. 6. Suppose there is a frost that destroys much of the strawberry crop and the price of blueberries‚ a substitute for strawberries‚ increases. What would we expect to happen in the market for
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dollar in the next year. • Suppose‚ the Midland Company is attempting to choose between two proposals for new products. Both proposals will provide additional cash flows over a four-year period. Year 1 2 3 4 Total New Product A $ 0 $ 0 $ 0 $20‚000 $20‚000 New Product B $ 4‚000 $ 4‚000 $ 4‚000 $ 4‚000 $16‚000 • Which project would be chosen depends on whether the value of total cash from A outweigh the cash from B or vice versa. Risk of Cash Flow • Suppose‚ the Midlands company is considering
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Question 1: Suppose that vehicles taking a particular motorway exit can turn right (R)‚ turn left (L) or go straight (S). Now consider the direction observance by each ofthe three successive vehicles. a. List all the outcomes in the event A that all three vehicles go in the same direction. b. List all outcomes in the event B that all three vehicles take different route direction. c. List all outcomes in event C that exactly two of the three vehicles turn right. d. List all the outcomes in the
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(12.2/144.9) x 100 = 8.4196 Real GDP in 2006 = (14.8/155.6) x 100 = 9.5116 Growth rate = (9.5116 – 8.4196)/8.4196 x 100% = 12.97% 2. When Bill’s disposable income is $55‚000‚ his consumption spending is $47‚000. Suppose his disposable income increases to $75‚000. Suppose his marginal propensity to consume is .70. His new consumption spending will be: a. Less than $52‚000 b. from $52‚000 to $54‚999 c. from $55‚000 to $59‚999 *d. from $60‚000 to $63‚999 e. $64‚000 or higher ANSWER:
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" A STICH IN A TIME SAVES NINE" This proverb is a counsel of prudence. Timely action very often prevents a great loss. Steps taken early means less labour‚ better success‚ less chance of loss or damage. Suppose their is a slight rent‚ in your garment or crack in the enbankment. If you put in a few timely stitches and repairs‚ further mischief may well be prevented.Similarly‚ if you do not attend to your books at the proper time‚ when the examination comes‚ you are at sea‚ you will be unable to
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1) Suppose that in the clothing market‚ production costs have fallen‚ but the equilibrium price and quantity purchased have both increased. Based on this information you can conclude that [ B. demand for clothing has grown faster than the supply of clothing ] 2) Camille’s Creations and Julia’s Jewels both sell beads in a competitive market. If at the market price of $5‚ both are running out of beads to sell (they can’t keep up with the quantity demanded at that price)‚ then we would expect both
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mutual fund accounts 637 billion 2. (Reserve Accounts) Suppose that a bank’s customer deposits $4‚000 in her checking account. The required reserve ratio is 0.25. What are the required reserves on this new deposit? What is the largest loan that the bank can make on the basis of the new deposit? If the bank chooses to hold reserves of $3‚000 on the new deposit‚ what are the excess reserves on the deposit? 3. (Money Multiplier) Suppose that the Federal Reserve lowers the required reserve ratio
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Assignment Eco 101 1. a) Briefly explain the factors that determine the price elasticities of demand and supply. b) The accompanying table presents the prices and associated demand quantities of ready-made garments of Bangladesh at different world incomes. Price of RMG Quantity demanded when Quantity demanded when world GDP is $ 65 trillion world GDP is $ 70 trillion $10 500‚000 800
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rms envelope level. i) Find the normalized threshold level ρo at which the LCR reaches its maximum value. ii) Explain why the LCR at ρ decreases as ρ deviates from ρo . 1b) 5 marks: Consider a cellular system with a carrier frequency of 2 GHz. Suppose that the user is in a vehicle travelling at 60 km/h. Assuming that the channel is characterized by 2D isotropic scattering‚ find i) the LCR at the normalized level ρ = −3 dB. ii) the AFD at the normalized level ρ = −3 dB. 2) The power delay
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The story "Harrison Bergeron" is a story about equality. Being equal to one another is not always the best way to live. Everyone is different for a reason and when you are equal‚ life is boring. Also‚ when there is a ruler who controls everyone in the world and punishes those who do not listen and do not want to be equa‚ how the government makes laws or amendments for people to follow helps the world stay in order but causes some problems too. The government makes up amendments that the people have
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