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What is the Institutionalist s theory regarding the instrumental and ceremonial aspects of production and distribution in Political Economy? Note: a discussion of the Veblenian dichotomy, and how it fits into the theory of distribution and production should be included in your answer.
The United States Department of Agriculture (USDA) is responsible for managing and administering the national food stamp program. This program provides vouchers to low income families that can be used in place of cash to produce food at grocery store..
q1. suppose that businesses buy a total of 170 billion of the four resources labor land capital and entrepreneurial
A small start-up company invested in a new plant with an initial cost of $10 million. Operating costs for the plant were $3 million per year for 7 years. There was a special one-time charge of $1 million in year 2 to correct unexpected equipment prob..
q. a company has started a phone service that uses overseas doctors to provide emergency medical consultations.
What is currency crisis (or financial crisis)? What are the major stages of a financial bubble? Use one example (Mexican peso crisis, Asian financial crises, Argentine financial crisis, or 2008 financial crisis) to illustrate these stages. What major..
Full employment occurs when all the unemployment is frictional or structural. Most economists do not agree about the size of the natural unemployment rate and the extent to which it fluctuates. At the natural unemployment rate, there is no cyclical u..
Quasimodo has a demand function for earplugs that is given by the equation D(p) = 100 − p. What is the change in net consumer’s surplus when the price changes from $50 to $70?
With increased access to wireless technology and lighter weight, the demand for laptop computers has increased substantially. Laptops have also become easier and cheaper to produce as new technology has come online. Despite the shift in demand, price..
If taxes were cut by $1.5 trillion and the MPC was 0.85, by how much would total spending
Identify the IP rights that are owned by an organization you currently or formerly have worked at. Next, explain which intellectual property appears the most difficult for a business owner to protect.
Show (and explain) the short- and long-run effects of a decrease in the money supply, on a graph of AS and AD, starting at the natural rate of output. Is money neutral?
Since increasing the number of variables increases R2 why not include every variable in the regression equation?
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