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Ethio Econ is a network for undergraduate economics students in Ethiopia who are preparing for the upcoming national exit exam. Find resources from out bot👇 @Ethioeconomicsbot Discussion group https://t.me/ethio_econ_group
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1 373
Which of the following factors would make collusion more difficult for the Firms in an oligopolistic industry?
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Given the production function Q=2LK+L where the current levels of K and L are 7 and 4, respectively, what is the value of marginal product of capital (MPk)?
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Referring to the above information, again the capital account items for Zippo are:
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Referring to the above information, the current account items for Zippo are:
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Use the following table to answer the questions below. The plus items in the table are "export-type" entries and the minus items are "import-type" entries in the balance of payments for the hypothetical country of Zippo.
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The tendency for society to over use and therefore abuse common resources is called the:
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Which of the following best describes the distinction between real GDP and nominal GDP?
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A _____ variable is used to incorporate qualitative information in a regression model.
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If the market price of a baseball cap is P5 in the short run, how many would the firm produce? How many would it produce in long-run equilibrium?
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How many caps would the firm produce in the short run, if the market price of a baseball cap is P1?
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A firm produces baseball caps in a perfectly competitive market using only workers and the factory. It pays hourly wages to workers and rent for the factory. The graph abobe shows the firm's cost structure. Answer the next two questions based on the graph.
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In which of the above matrices are the rows and columns NOT linearly independent?
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Assume that wages and prices are fully flexible and all inflation is correctly anticipated. According to the quantity theory of money, what would be the impact of expansionary monetary policy on real output and the price level?
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Dear Ethio econ family, we will solve today's questions live on our telegram group at 9:00PM (ምሽት 3:00) today.
Please join us!
https://t.me/ethio_econ_group
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To aid its calculator producers, suppose that the government provides them a subsidy of $10 for
each calculator produced. The amount of imports now equals ______ and the deadweight loss of
the subsidy to the Canadian economy equals ______.
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With free trade, suppose that the rest of the world can supply calculators to Canada at a price of $30. Canada's imports would now equal _____ and its consumer surplus would_____ relative to what occurred in the absence of trade.
