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Realizing that the major function of benefit is to allocate resources according to consumer preferences, why are some groups in United States extremely critical of corporations that earn increasing benefits? Is this criticism a function of large CEO salaries or is something else driving these attacks?
Relate to the previous task also define for both examples the current market situation - Surplus or Shortage.
A firm wants to lease some land from you for twenty years and build a warehouse on it. As your payment for the lease, you will own the warehouse at the end of the twenty years.
Elucidate the impact of globalization on domestic governance. Identify and explicate at least three significant factors requiring domestic changes.
Competition seems to be so fierce among the giant retailers, after discounting and lower profit margins, how is profitability possible.
Illustrate what is the point price elasticity for each person and for the market.
Discuss the evolution and responsibilities of the Federal Reserve System. What circumstances promulgated both the development and composition of the system.
Explain and discuss the mechanisms by which this has occurred, and contrast our experience with: a) the recent performance of many NICs (newly-industrializing-countries) in the last few decades
Explain why would economists be very concerned if the annual interest payments on the debt sharply increased as a percentage of GDP.
Suppose the Fed does not change the money supply. According to the theory of liquidity preference, what happens to the interest rate? What happens to the aggregate demand.
Define the following in three senctence minimum definition.
Assume that some of these drugs are legalized so that anyone may sell and use them.
Explain the trade-offs between any three of these options. In other words, what will you gain, and what will you have to give up if you choose each of the three options?
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