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Developing countries can increase productivity growth more easily than industrial countries. Does this imply that they will eventually be able to achieve the same living standards as industrial countries? Why or why not?
Consider a competitive industry with many identical firms. The supply curve of an individual firm is given by S1(p) = 2p when p ≥ $2 and S1(p) = 0 when p
Explain the difference between adverse selections also moral hazard in insurance marketplaces.
Assume you just finished your third plateful of Thanks giving dinner also it yielded zero units of additional satisfaction.
assume a visitor from another nation decides to open a checking account at j amp r national bank. the visitor deposits
If a consumer goes to buy an entertainment center at Best Buy for $2,000 and the mpc is .80, what will be the effect on the economy? What if the mpc really turns out to be .75? Why is there such a difference?
The main tool that the federal reserve uses to conduct monetary policy is
Break out the components of the $28 marginal revenue from the seventh unit sale at $38.31-that is, how much revenue is lost per unit sale relative to the price that would move six shirts per color per day?
She says the tax will generate $100,000 tax revenues per month. What assumption is she making.
A famous American has been visiting the same tropical island for 15 years for vacations. When she goes she pays for everything by writing checks drawn on her U.S. bank. The currency the natives use are not U.S. dollars; they use a currency called a f..
In Plato’s virtuous state composed of virtuous citizens, he argues that it must allow for _____ & thus is neither elitist nor totalitarian (i.e., dictatorial). Virtue ethical theories are teleological because they are based on natural ___________.
You are interviewing three people for one sales job. On the basis of your experience, you believe Jane can sell 600 units a day, Tom can sell 450 units a day and Kevin can sell 400 units a day. The daily salary each person is requesting is as follows..
Explain how the Fed's use of its three tools of monetary policy affect supply and demand in the market for reserves and the equilibrium federal funds interest rate.
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