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Choose a social difficulty where free markets are not allowed to function and describe how free market features could be introduced to help alleviate the difficulty. As part of your answer also include a discussion of the risks of introducing market mechanisms in situations where ethical issues are present.
The Big Black Bird Company (BBBC) has a great order for special plastic lined military uniforms to be used in an urgent military operation.
Suppose an economy only produces single consumption well. Consider permanent upward shift of production function. Graphically describe the effects on each of following:
Explain how has technology changed the balance between automation and labor. What type of industry benefits the most from technological innovation.
The macroeconomic environment discussing the effectiveness of the monetary stragies in the US.
Show the area on the graph that would correspond to consumer's surplus earned by the typical boarder/skier with this payment scheme. Explain your answer briefly.
Use the following information to answer following questions, Compute the value of the price index for GDP for 2005 using 2004 as the base year. By what percent did prices increase?
Draw a bowed-out production possibilities curve (PPC or PPF) with an aggregate measure of medical services, Q, on the horizontal axis and an aggregate measure of all other goods (and services), Z, on the vertical axis.
Describe the likely effects on Savings Investment, Long Term Real Interest Rates, The Capital Stock, Natural RGDP and Natural Per Capita RGDP of a reduce in Government Investment Spending
Is your employee affected by increases in the minimum salary. In what way is your employer affected by minimum wage increases.
Explain which of these methods of encouraging growth would you suggest to a newly industrialized economy.
If velocity is unchanged and the money supply grows by 13% and the real GDP grows by 4%, what is the rate of inflation?
You do not like this as it will be possible for the large money center banks in Washington, Las Vegas to open branches in your banks geographic market area.
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