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What is your opinion of this economics course? Did it meet your expectations? What suggestions can you offer for improvement of this course for future students?
Is there a downside to the global economy evolving to be based completely and wholly on the law of comparative advantage? What risks, if any, does a country assume by making production decisions only according to the law of comparative advantage?
From the profit maximization perspective, under which condition does it make sense to expand the level of output in the short-run?
If the quantity of output demanded at every price level increases by $1 trillion, Illustrate what happens to equilibrium output also prices.
How many major wireless phone handset manufacturers are there?
Why is the cost of health care so high in the U.S. and the U.S. does not have the best system. If a person has co-pay health insurance what does he/she base his/her purchase decision on, the real price or what actually comes from his/her pocket? How ..
Illustrate what is maximum amount you would pay for offer of $2,000. Suppose offer was $2,000, but delivery was to be in 2 years instead of 1 year. Illustrate what is maximum amount you would be willing to pay.
Calculate the average cycle stock for this item using the order quantity in part a.Assuming there are 12 periods per year, calculate total cost per year.
Determine one possible combination of government spending increases and tax increases that would accomplish the same goal.
What is a change in the interest rates on excess reserves? And there should be an actual equation with the numbers plugged in.
How many people are unemployed according to the Burea of Labor Statistics? What is the unemployment rate according to the BLS?
Both antritrust policy and industrial regulation deal with monopoly. Illustrate what distinguishes the two approaches. how does government decide to use one form of remedy rather than the other.
Write down the profit maximization problem of the representative firm. What is the new short run equilibrium price and production.
A successful man make a donation to his Sister for building a new store and upgrading shops, as well as for establishing a store fund. The donation is planned to be spent as follows: $200,000 each year for the first three years, $250,000 each year fo..
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