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According to the President's economic advisors, the US could have borrowed and spent more money on fiscal stimulus without hurting the economy. And, after all, our annual deficits have declined somewhat. Considering the world your children will inheret, do you think additional deficit financed fiscal stimulus is a good idea?
A firm produces output using two factors of production according to technology f(x1, x2) = X1^1/2*X2^1/4. The price of output is 4. Factors 1 and 2 cost to the firm w1 and w2 per unit, respectively. Write an expression for the firm’s profit.
Suppose that the supply curve of healthcare services is perfectly inelastic. Analyze the impact of an increase in consumer.
Find an article about an event that would cause productivity and costs to change within a single market. What event is altering productivity or costs? Did the event occur in the past, is presently occurring, or may occur in the future?
An article in the Economist states that the value of potential GDP: "is almost impossible to pin down in real time since the economy's equilibrium long-run stock of capital and labour are so difficult to estimate with precision..." By "real time," th..
Consider a perfectly competitive firm that faces the following market demand and market supply curves: Find the profit maximizing output for this firm. What are profits? Suppose demand shifts down and the new market price is $1.50. What is the profit..
A U.S government bond matures in 10 years. It's quoted price is now 96.4, which means the buyer will pay $96.40 per $100 of the bond's face value. The bond pays 5% interest on its face value each year. If $10,000 (the face value) worth of these bonds..
Regarding long-term unemployment, what incentives do you believe the long-term unemployed face with unemployment insurance programs? As part of your answer, make sure to address what impact these programs have on the economy of a country.
Do you think the price elasticity of demand for Ford sport-utility vehicles (SUVs) will increase, decrease, or remain the same when each of the following events occurs? Explain your answer.
q.hardwood cutters presents seasoned as well split fireplace logs to consumers in toledo ohio. the low-cost provider
Values are "ideal" consisting of ideas that we believe to be good and what we should do. What happens when people violate values, failing to practice what they believe in?
How are economic fluctuations linked among national economies? Could a recession in the United States trigger a recession abroad?
Which of the following statements is NOT a null hypothesis? Jason wanted to study the affect of drinking on test performance. He assigned one group of people to have a beer before writing a test and another group to have a glass of water before writi..
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