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Can someone please help me answer these questions thoroughly?
1) Many economists will argue that government should not be allowed or counted on to create jobs. Discuss your analysis of this type of action sometimes governments take.
2) Discuss Block's quote "Production is everything, and jobs are nothing but a means toward that end."
3) This will require some research but Reisman mentions "the labor theory of value" and the "iron law of wages" what are those concepts?
It has been suggested that large, tall hierarchies will predominate in physical capital intensive industries, and these will typically have seniority-based promotion policies. By contrast, flat hierarchies will be seen in human capital intensive indu..
Explain how "discretionary fiscal policy" can be "countercyclical" and can be used to support aggregate demand. Us an AD/AS model to support your answer.
Polan's book Affluenza, shows us just how to grow, process, and distribute food sustainably, yet if we are going to avoid eventual collapse as a society, we'll need to figure it out. Build a picture or the various issues that need to be addressed in ..
Dirt Diggers (DD) is a firm that excavates roadside ditches to lay drainpipe. Its output follows the production function: Q = 10L − 0.1L 2 , where L denotes labor hours and Q the length of the ditch in meters. The marginal product of labor is MPL = 1..
Max has the utility function U(x, y) = x(y + 1). The price of x is $2 and the price of y is $1. Max’s Income is $11. How much x does Max demand? How much y? If his income doubles and prices stay unchanged, will Max’s demand for both goods double?
Medicare beneficiaries started to receive outpatient prescription drug benefits beginning in 2006, with the implementation of Medicare Part D. As a result, Medicare’s share of national prescription drug spending increased. Explain how the pharmaceuti..
In times of a struggling economic situation, determine the key steps that the Federal Reserve should take to help stabilize the economy. Next, explain how your proposed steps will affect money supply, interest rates, inflation rate, aggregate demand,..
Assume that you have a company and need to evaluate two alternatives, an automatic machine (AM) and a manual machine (MM). Capital investment for these AM and MM are $23,000 and $8,000, respectively. If we assume that MARR is 10% yearly for AM and MM..
Which of the following is true regarding the federal appellate court system's use of ADR?
Producer and consumer surpluses are measures of:
Suppose that, when the average price of shoes increases by 5%, the quantity demanded of shoes decreases by 3%. What is the price elasticity of demand? Is the demand for the shoes elastic or inelastic? Explain your answer.
How would each of the following changes affect the demand cure for acupuncture?
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