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Q1. To measure Elucidate how productive workers in the economy are, the best measure to utilize would be
Q2. Elucidate how can you immediately if the existence of government-granted monopolies for public utilities such as natural gas distribution also electricity in the light of traditional economic argument which the more competition there is, the more likely it is which an efficient allocation of possessions will occur?
Q3. Clearly identify at least three such factors which in your view should be included in the GDP calculations. Elucidate how they will help to improve the GDP as a tool for measuring the well-being of a nation.
Give an example of an organization or business in your area that performs the "place" function, and explain why you picked this organization/business.
If a sample of 110 artists was taken, find the average value above which only 15% would lie. Give your answer in dollars to the nearest dollar.
Under very high rates of inflation, why would people prefer to use a barter system to buy goods, rather than use paper money.
Illustrate what is the highest possible beta approximate for the project before its NPV becomes negative.
One of the partners favors moving downtown because she believes the additional business gained by moving downtown will exceed the higher rent at the downtown location plus the cost of making the move.
Explain why the food stamp program can have the same effect on the consumption pattern and well-being of recipients as an outright.
Using the concept of price elasticity explain why the price of basic commodities has to be regulated in price rise.
Defend your use of either monetary policy or fiscal policy to do this.
How will the unemployment rate during the current period compare with the natural rate of unemployment.
You are asked whether current antipoverty policy meets three generally accepted goals of helping, minimizing cost, preserving work incentives also what changes you would favor and why.
Besides elections and campaigns, do the major political parties influence public values and ideas.
Illustrate what is the elasticity of demand if you raise the price of your airline's tickets by 6% also the number of tickets sold decreases.
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