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How harmful is the public debt? Are you concerned about the public debt? Why or why not? Was it wise for the government to use expansionary fiscal policy during the Great Recession even with the effect on the public debt? Do you feel that the benefits of the expansionary fiscal policy are greater than the costs of the larger debt? Why or why not?
People are lured by the idea of 50 mile per gallon vehicles which still perform well also are willing to pay the high prices to get one.
Air Express bought a used Boeing 757 plane 5 years ago for $35,000,000. At the time the plane was bought, it was estimated that it would have a service life of 10 years and its salvage value at the end of its service life would be $10,000,000. Air Ex..
Assume Fed expands money supply, however because public expect this Fed action, it simultaneously raises its expectation of cost level. Illustrate what will happen to output and cost level in short run.
Explain how meeting-competition clauses may serve as an enforcement mechanism for price-fixing agreements of cartels.
Canadian GDP whether measured by the value added approach, the expenditure approach, or the income approach.
how will the quantity of aggregate output supplied respond to the fall in prices. Illustrate what will happen when firms and workers renegotiate their wages.
q1. assume that a national restaurant firm called bbq builds 10 new restaurants at a cost of 1 million per restaurant.
Graphical demand and supply analysis, explain the impact on price and quantity in the market for petrol if oil production is disrupted.
In the following game, determine the maximum amount you would be willing to pay for the privilege of moving (a) first, (b) second, or (c) third: There are three players, you and two rivals. The player announcing the largest integer gets a payoff of $..
Jenny, your niece, is a smart high-school student who wants to make intelligent choices for her future. Hearing of your course in business economics,
If he continued to work exactly as many hours as he did before the wage increase, how much more money would he have each day to spend on consumption?
Discuss how elasticities should be used in pricing decisions. If you were responsible for setting the price of these volumes, what would you choose and why.
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