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Is the open market, capitalist economic philosophy now the only viable model for fostering economic development and prosperity? Should (or could) the state play a more direct role in guiding the economy?
How similar is the global economy of 2007 to that of 1907?
Assume that the job separation rate s is 0.01 (1%) per month and that the job finding rate f is 0.2 (20%) per month. What is the steady state unemployment rate for this economy? In the table from the previous scenario, how many periods does it take f..
A consumer has a budget of $200 to spend on bowling (b) and tutoring sessions (t). Assume that each game of bowling costs $16 and each tutoring session costs $20. Draw the consumer’s budget line on the graph below. Put bowling on the “x” axis. What i..
Analyze the collection of data by patient access personnel and its importance to the billing and collection process. Be sure to address the importance of exceptional customer service. Analyze the strategies used to negotiate new managed care contract..
Victor Finick likes to have the same amount of x as he has of y. His utility function is U(x, y) = min{2x - y, 2y - x}. a. Draw the indifference curve for Victor that passes through the bundle (0, 0) and the indifference curve that passes through (4,..
Government expenditure and investment has remained fairly constant as a fraction of GDP since 1950, even as transfers have risen. Most of state government revenue comes from the income tax, and most state and local government income comes from the sa..
Analyze this statement in terms of your assessment of Marx as economist also as a philosopher.
Suppose that in Florida between 2006- 2009 the prices of oranges increased, and then between 2011- 2013 quantity of oranges sold decreased. Could it be possible that the demand for the orange decreased between years 2006 and 2009 and again between 20..
For each case below, please state if the person mentioned is unemployed for Frictional, Structural, or Cyclical reasons. Please state your reasoning for each answer.
Some economists argue that it is possible to raise the standard of living by reducing population growth.
What is free trade? What are its benefits? Identify and briefly discuss the three important implications of trade theory for business.
If we can get foreigners to give us real goods and services and talk them in to taking pieces of paper in return why should we want anything different?" Do you agree or disagree with this statement?
Assume that the job separation rate s is 0.01 (1%) per month and that the job finding rate f is 0.2 (20%) per month. Assume that the labor force today (period t = 0) is 100 million. What is the steady state unemployment rate for this economy?
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