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How do automatic stabilizers affect budget deficits and surpluses? How would automatic stabilizers be affected by an annually balanced budget rule? Why do automatic stabilizers minimize the lag problems with fiscal policy?
People of different age groups and situations take advantage of part time employment opportunities provided through the fast food industry.
What two kinds of changes in the capital stock can improve labor productivity. how can each type be illustrated with a per-worker production function.
The US as well as Canada have intervened in the market and tried to internalize some of the costs of pollution by placing regulations on the amount of pollutants that industries can emit.
Airway Express has evening flight from Los Angeles to New York with average of 80 passengers and return flight the next afternoon with average of 50 passengers. Should the airline remain in business?
Write a brief for the Central Banker of Ireland, outlining your recommendation on the interest rate that should be set at the next policy meeting.
Your company is considering a price reduction on a product which currently sells for the price of $5.00.The price elasticity for the product is roughly equal to -2.3 over the range being considered for the price change.
An ice cream shop read in the local paper in which the elasticity of market demand for ice cream
1.Suppose the equilibrium price in a competitive price taker market is $10 and a firm in the industry charges $9 which of the following is true? a-the firm will not be able to sell any output b-the irm will sell less output than its competitors c-t..
A company produces output with a constant marginal cost MC = 2. Its output is consumed by two types of customers a and b, with demand functions
A change in reserve needs of depository institutions is the policy tool most frequently used through the Federal Reserve to influence economic activity
Describe three ways we can use macroeconomic analysis, with one original example for each way
Explain how could the advertising be employed to allow KinderCare to keep price above average cost without encouraging the entry.
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