Refer to the graphs below. Which graph shows an increase in the price of X and a decrease in the price of Y?





A. Graph A

B. Graph B

C. Graph C

D. Graph D


D. Graph D

Economics

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Refer to above figure. Assume that Boeing is the first to enter the Hungarian market. Without a government subsidy what price would they demand, and what would be their total profits?

What will be an ideal response?

Economics

Suppose a bank has assets of $500 million and capital of $100 million. Its return on assets is -3%. What is its leverage ratio? What is its return on equity?

What will be an ideal response?

Economics

When aggregate expenditure increases, why is there a multiple expansion of income and real GDP? Trace the multiplier effect through the first four rounds when there is an increase in aggregate expenditure of $40 billion and the marginal propensity to consume is 0.75

Economics

Is the actual amount of output that corresponds to the long-run aggregate supply curve fixed? Explain.

What will be an ideal response?

Economics