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1) Before economic growth, there were too few goods, after growth, there is too little time.
2) It is irrational for an individual to take the time to be completely rational in economic decision making.
3) Telling Satnt what you want for Christmas makes sense in terms of utility maximization.
Which of the following is NOT a shortcoming of the civilian unemployment rate reported by Statistics Canada every month.
Do opportunity cost play a role in people's decision to specialize in certain activities. What describe the price at which trade takes place.
Suppose that after five years consumer spending doubles to 400. Explain how much do you believe will be the budget share of leisure.
Do sibs have the expected effect. Explain. Holding medic and feduc fixed, by how much do sibs have to increase to reduce predicted years of education by one year.
Which of the subsequent goods also services should be included in Fredonia GDP in 2009
Considers a consumer who suddenly changes her preferences with regard to air travel,
Show that the balance sheet balances if these are the only assets and liabilities.
By what percentage do the total assets decline by bank. By what percentage does the bank's capital decline. Illustrate which change is larger.
Graph the following statements using demand curves only, elucidate how whether there is a change in demand
Find out and read two articles about a recent controversial issue involving either the Federal or state government and eminent domain.
Why the short-run demand for gasoline is less elastic than the long-run demand, when the price of gasoline rises, people immediately cut back on unnecessary trips.
Illustrate what is the products price after the imposition of the tariff. what is the domestic value added before and after the imposition of the tariff.
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