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Recent questions and answers in Economics
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1
answer
A corner solution to a consumer's utility maximization problem implies (Select all that are true.)
answered
Oct 24
in
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by
KitKat
microeconomics
0
votes
1
answer
An interior solution to a consumer's utility maximization problem implies _________. (Select all that are true.)
answered
Oct 24
in
Economics
by
KitKat
microeconomics
0
votes
0
answers
Suppose an individual has $45,000 in annual income and considering a home that they intend to finance with a $150,000 mortgage at 4% APR 30-year fixed rate loan, the real estate taxes and insurance are $2,000 per year, auto payments are $350/month, and student loans payments are $400/month.
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1
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In the model of perfect competition, firms produce a
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20 hours
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KitKat
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1
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If price is above the average variable cost but below the average total cost of a representative firm in a competitive industry
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managerial
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1
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Who gains in voluntary trade
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in
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If United States imposed hire Terrace in more strict of quarters that reduce imports
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0
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0
answers
mass marketing efforts are used by marketers because
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2 days
ago
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0
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In the classical view, if desired saving exceeds desired investment, A. government spending must rise. B. government spending must fall. C. the interest rate would decline. D. the interest rate would increase.
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2 days
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Biscuits are inferior good for Aisha, then if the price
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For a normal good, the income effect
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0
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If a consumer is currently consuming a combination of two goods at which the indifference curve is steeper than the budget line, he
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4 days
ago
in
Economics
by
Juniornasee1999
0
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1
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Because of their relatively small national economies, which of the following is most likely considered to be the most important factor for Belgium, Korea, and Canada to take full advantage of specialization?
answered
5 days
ago
in
Economics
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principles-of-economics
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1
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The United States has never been an individualistic economic system
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macroeconomics
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1
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An increase in technology will always produce economic growth in society
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Economics
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principles-of-economics
0
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1
answer
In 1993 the federal government boosted income tax rates. In the seven years that followed:
answered
Oct 15
in
Economics
by
Mjenkins
principles-of-economics
0
votes
2
answers
Other things equal, a fall in the market price caused by a change in supply will
answered
Oct 13
in
Economics
by
kareym90
microeconomics
0
votes
1
answer
Economic profits are calculated by subtracting:
answered
Oct 13
in
Economics
by
kareym90
principles-of-economics
+1
vote
0
answers
Other things the same, the effects of an increase in transfer payments on the government’s budget deficit will lead to
asked
Oct 8
in
Economics
by
brooke.wittwer
+1
vote
0
answers
Which of the following statements is correct?
asked
Oct 8
in
Economics
by
brooke.wittwer
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