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It is observed that in an area with a lot of illegal immigration, the average wage of native born workers actually increased. Explain how this could have happened, using economic logic. Also, judge whether this is good or bad for the local economy.
What factors underlie whether specialization in production will be partial or complete on an international basis.
Describe the current state of the U.S. economy using the two monetary aggregates (M1 and M2) currently published by the Federal Reserve. In your description, illustrate the trends of the two monetary aggregates. . Evaluate what the Federal Reserve Ba..
When the marginal-cost curve lies below the marginal-revenue curve. Assume that for a perfectly competitive firm marginal revenue equals rising marginal cost at 100 units of output. At this output level, the firm's total fixed cost is $600 and its to..
Illustrate what are implications for economic analysis if most people don't follow economic decision rule in many aspects of their decisions.
Using the four scenarios, discuss each and choose periods when each scenario has occurred in the U. S. or other countries: higher interest rates, more capital invested. Graduate level response please. (500) with at least two bibilographies for review..
in march 2010 hertz pain relievers bought a message machine that provided a return of 8 percent. it was financed by
explain the statement that an individual bank has little ability to expand the money supply unless all the other banks
Elucidate the underlying experiment of interest when we want to examine the effects of cigarette smoking on workdays lost.
Explain where in the U.S. balance of payments an entry would be recorded for each of the following:
q1. markets left alone always tend to equilibrate that is find their way back to the equilibrium point. what is
Which of the following leads to an under allocation of resources to a specific economic activity?
The income elasticity of demand for your firm’s product is estimated to be 0.75. A recent report in The Wall Street Journal says that national income is expected to decline by 3 percent this year. What should you do with your stock of inventories?
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