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If your rent increases from $1,000 to $1,250 over a period of one year and your income rises from $6,000 to $7,000, show in percentage terms what has happened to your real and nominal incomes.  

How are changes in opportunity cost related to decision-making behavior?

Government failure will likely arise if

What is a benefit of international trade?

If a bank has total deposits of $8 000 and reserves of $1,200. What is its current reserve ratio?

The maximum amount of tax revenue is generated when the good being taxed has a

If a bank has total deposits of $8 000 and reserves of $1,200. What is its current reserve ratio?

Suppose nominal GDP in 1967 was $1 trillion and nominal GDP in 1977 was $2 trillion, The 1967 and 1977 price indexes were 100 and 250 respectively. Based on these numbers

Today in the United States, the dollar ($) is:

Short-run equilibrium implies an intersection of  ___________, while long-run equilibrium implies intersection of ____________.