If the price of sodium-sulfur batteries decreases, the price of lithium batteries will

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Q: If median weekly earnings of $865 were to increase by 9%. at a time when the inflation rate were to…

A: given that, median weekly earnings of $865 increase by 9% the inflation rate was to drop by 4%

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Q: 5. Problems and Applications Q10 Consider the following table of long-run total costs for three…

A: Introduction Question related to Economies of scale

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Q: Draw the graph of inflation and unemployment in the long run and the short run.

A: The graphical representation of inflation and unemployment is shown by the Phillips curve.

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A:

Q: What are the seven virtues which Deirdre McCloskey claims as Bourgeois Virtues? O Courage,…

A: The answer is - Option 1. Courage, temperance, justice, prudence, faith, hope and love.

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Q: The economy is characterized as: C=100+0.8Yd G=T =50 I=50-25i MS=200 P=1 Md=Y-25i   1. What…

A: Given: C=100+0.8Yd G=T =50 I=50-25i MS=200 P=1 Md=Y-25i

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A: Gini coefficient is basically denoted as the measure of statistical dispersion gradually intends to…

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A: Elasticity of supply depicts how much consumer responds with the change in the price level.

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Q: Goods produced on small scale have

A: Formula to calculate elasticity of supply:- ES=∆QS∆P×PQS Where; Q= Quantity supplied P= Price

Q: Consider following regressions: Y = a₁ + a₂X+U Y* =b₁ + b₂X* + V Where: Y = mY, X* =nX D Show that:…

A: Y = a1 + a2 X + U_____________[1] After scaling, regression: Y* = b1 + b2 X* + V mY = b1 + b2 (nX) +…

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Q: Why is it important to create a budget and to manage your cash flow?

A: Budget is an estimation of revenue of expenses over a specific future period.

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Q: Suppose that supply and demand for vaccines can be represented by P = 100+305 and P = 500-Q,…

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Q: surplus imply the economic growth is strong? Please between level of GDP and Net capital outflow.

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Q: Assume an economy with no foreign sector, a marginal propensity to save of mps = 0.1, and a marginal…

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