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Efficiency of labour refers to the ability to achieve a greater output in a shorter time without any falling off in the quality of the work - that is to say, increase productivity per man employed. The efficiency of a country's labour force depends on a number of influences.
Nominal interest rates are quoted at a variety of maturities, corresponding to different lengths of loans. For example, in late 2004 the U.S. government could take out ten year loans at an annual interest rate of a bit over 4 percent, whereas the ann..
Consider a small open economy in the short run where the government imposes trade tariffs on corn. Under which regime (floating or fixed exchange), are the tariffs more effective in increasing output? Under which regime does the money supply increase..
Which of the following is/are characteristics a monopolistic competitive market? Which of the following is/are not characteristics of oligopoly market? Which of the following is/are possible outcome(s) of Cartels?
Average cost of producing 70 pies in batches of ten is $5.00 per pie and the average cost of producing 80 pies in batches of ten is $4.50 per pie. Elucidate the marginal cost of the 8th batch of pies.
Assume that he marries her the subsequent year. Other things equal, which of the following would be true concerning the reported official GDP the following year.
A condition necessary for a market to achieve economic efficiency is that the market:
shutdown point case average variable cost market price lt average total costnbspif the market price in the above
To what extent can Rolls-Royce's strategic approach can be best categorized as "Deliberate" or as "Emergent"? Explain your answer and explain Porter's five forces framework and suggest to what extent it has helped Rolls-Royce to better analyze its ..
Discuss the issues involved in deciding upon a value of the social discount rate for evaluating the costs and benefits of current investments to mitigate and/or adapt to climate change.
GDP and the Multiplier Application. Most estimates indicate that the marginal propensity to consume in China is approximately 0.50. If we ignore a rise in the price level generated by a boost in aggregate demand that results from an increase in real ..
A situation in which the Fed holds interest rates constant (at a low level) in order to increase the effectiveness of fiscal stimulus is known as ___________.
Expalin, with the use of demands and supply, the difference between a chance in quantity demanded of hats and a chance in quantity demanded for hats.
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