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Suppose that the economy is currently at potential output. Also suppose that you are an economic policy maker and that a college economics student asks you to rank, if possible, your most preferred to least preferred type of shock: positive demand shock, negative demand shock, positive supply shock, negative supply shock. How would you rank them and why?
Consider the construction of handmade rugs moreover assembly line robots in Canada and India.
Describe the least cost combination of L and K when output is produced at the rate of 1,000 tons per day. Describe the required outlay for 1,000 tons per day.
Which in turn depends on the animal's access to grazing which depends on the number of llamas sent to the commons.
Illustrate what is the point of view of free trade and protectionist on: infant industries; Job Protection; Standard of living; Specialization; and National security.
Required all pharmaceutical firms to sell their drugs in a competitive market with no ability to patent their break.
Canon will receive payment from its dealers on August 28th, 2012. Assuming which Canon needs to cover its expenses in Japan
Explain why monopolistically competitive firms frequently prefer nonprice competition to price competition.
suppose that the economy is currently in a recession. If policy-makers take no action, explain how will the economy evolve over time. Explain in words and using an aggregate-demand/ aggregate-supply diagram.
Illustrate what is Consolidated Company's total profit under this condition.
Explicate which among the policies is most effective and least effective for this nation.
If the value of M increased from 50,000 to 60,000 also nothing else changed which would equilibrium price increase or decrease. Would the equilibrium quantity increase or decrease.
Explain is any outcome generated by a Nash equilibrium not generated by any subgame perfect equilibrium.
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