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Is gross domestic product an accurate measure of the standard of living? Why or why not?
q1. competition in quality and service may be just as effective as price competition in giving buyers more for their
Suppose that you were a dictator. Describe a law that you could decree that would eliminate or reduce frictional unemployment but would likely reduce productivity, and explain why. Describe a law you could decree that would increase frictional unempl..
Develop an outline of your local strategic plan. (four hundreed words)
Using supply and demand analysis, show graphically and explain verbally 3 factors that may have led to rising health care costs in the United States from 1960 to the present day.
A local cell phone monopoly faces the following monthly inverse-demand for lines from a typical family: P = 100 – 20Q. The total cost to the monopoly is C(Q) = 20Q. This implies that the marginal monthly cost to the monopoly is $20 per line. (Please ..
For each of the determinants of demand in Equation identify an example illustrating the effect on the demand for hybrid gasoline-electric vehicles.
Given the formula information. What is the expected return on a portfolio which is invested 40% in stock X and 60% in stock y?
Consider a consumer with $10 to spend on these 2 goods where the price of apples is always $2 every.
1. Relative to free trade, a tariff on imports of wine into the United States would result in
Canada and Mexico. Suppose that Canada and Mexico produce two goods: timber and televisions. Assume that land is specific to timber, capital is specific to televisions, and labor is free to move between the two industries. Considering these changes i..
Though your answer needs to be correct in terms of economic theory (so be sure to read the assigned chapters), creativity and having fun with it is strongly encouraged.
Congressional campaign expenditures for the U.S. House of Representatives in 1988. For each of the 173 two-party races we know the percentage of votes received by candidate A (voteA), the logarithm of campaign expenditures (in thousands of US dollars..
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