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1. Why are many consumers apt to be rationally ignorant about their options?
2. Why would insurance coverage tend to increase rational ignorance?
3. Why are so many economists opposed to licensure of medical facilities and personnel?
Which of the following institutional arrangements is most likely to promote growth.
1. The Phillips curve suggests a trade off between, a. unemployment rates and tax rates b. inflation and money supply c. monetary policy and fiscal policy d. unemployment rates and inflation d. inflation and GDP
Describe whether Indian Consumer goods industry is growing at the cost of future profitability.
q.why have generic drug companies been so successful? explain what political conditions also economic conditions would
Identify at least three such factors that, in your view, should be included in the GDP calculations; then elucidate and illustrate how could they will help to improve the GDP as a tool for measuring the well-being of a nation.
If the mortgage interest rate is 7 percent, approximately how much are home owners paying in annual mortgage interest? b. If the interest rate drops to 6 percent, by how much will annual percentage decline?
The demand curve for product X is given by QDx = 220 ? PX + 3PY + 0.001I where PY is the price of a related good Y, and I is income. The supply curve for good X is given by QSX =10+3PX. What is the marginal effect of an increase in PY on the equilib..
Which of the following is classified as a sunk cost?
Explain how do real GDP and the cost level change if the forecast of inflation turns out to be incorrect.
Briefly analyze in terms of supply and demand the effects upon the given market of the following events. Are these changes a shift in the demand curve, a shift in the supply curve, a movement along the demand curve, or a movement along the supply cur..
Recently I began thinking about why the use of tokens for money is so popular. In casinos, I think that it is well justified, but there are some cases when those arguments are not useful. For example, why would an amusement park make you buy tickets ..
q.wine productionin wine production raw materials grapes are the single biggest cost. the cost of the grapes may be as
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