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Take a monopolist which has a access to two consumers with demands of Q1=4-P1 and Q2=2-P2.
1)assume the monopolist can set a price.what would be the price?would it serves to both to the customers.
How inflation affect:-
- Consumer
- Borrowers
- Employment
- Economic Growth
What is Says law
The Kingdom of Wrigley is an archipelago in the South Pacific. The economy is based on fishing and agriculture, and currently imports more than it exports. The economy is doing good right now, but not great, and the banking system is stable yet fragile. The central bank is not independent and follows the instructions of The King. The King, wanting new economic ideas, and having been told you took a macroeconomics class before moving to the Kingdom, invites you to the palace to meet with his son, the Crown Prince, and also the Finance Minister. The Crown Prince has a number of questions for you
1. How specifically can we use fiscal policy to improve our economy? What should our goals? Should we have any concerns?
what would the canadian government do if it wished to increase the skills of its human resources
1. Which of the three uses of GDP data was applied in each case described below?
a. In 2011, many analysts claimed that the economy of India began slowing as GDP growth declined from 8.4% in 2010 to 6.9% in mid-2011.
b. Nicaragua and Haiti are the poorest nations in the Western Hemisphere, with annual
2013 per capita GDP of only $1,851 and $820, respectively.
c. The economy of Italy has slowed considerably over the past two decades, as evidenced by an average growth of real GDP of only 1.25% per year from 1990 to 2010.
If the equation which represents an economy is Y = C + I + G, where Y =1000, G= 250, T =250, C =200 + 0.7 (Y-T), I = 200 -35r. Compute the value of consumption (C), private saving, public saving, and also find the equilibrium real interest rate (r).
Recently a newspaper reported that in a national public opinion survey conducted among 2,000 individuals, 56% were in favor of curfew, 40% opposed curfew, and 4% had no opinion on the subject. a) What is the sample in this survey? b) Based on the sample, what percentage of the population would you think is in favor of curfew? c) Based on the sample, what percentage of the population would you think have no opinion on the subject?
In an economy, two goods: A and B are purchased in given fixed quantities for the prices shown below. Year Price of A $ Quantity of A Price of B $ Quantity of B 2016 16.00 25 2.00 10 2017 19.40 25 4.00 10 2018 22.80 25 6.00 10 Compute the CPI for each of the 3 years. Show your work.
explain two factors that contributed to rising inflation
