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A nation with a large current account deficit is consuming more than it produces or living beyond its means. Is this necessary bad? What is your judgment for the United States?
Contrast the difference between temporary and permanent damages on the incentives of people to build new houses near the cement factory
q1. the standard of living for the poorest third of the world is falling behind the standard for the rest of the world
State whether the following characteristics represent monopolistic competition, oligopoly, or both.
Describe a situation in which autocorrelation might be present and which of the three methods of detecting autocorrelation you would leverage. Explain your rationale. Describe what remedial measure you would take to address autocorrelation if it were..
q. a. will a progressive medical tax scheme i.e. people with higher income face a higher medicare tax rate benefit the
Demand shifts right when:
Below is a list of domestic output and national income figures for a given year. All figures are in billions. The questions that follow ask you to determine the major national income measures by both the expenditure and income methods. The results..
q1. the government is involved in providing many goods and services. for each of the goods or services listed determine
Firm x develops a new product and gets a head start in its production. Other firms try to produce a similar product but discovers they have higher average total cost than the existing firm. This situation illustrates what
After reading about the Solow growth model, which concludes that continued economic growth requires continual innovation, and Schumpeter’s dynamic growth model, does the combination of these two models provide an adequate model of technological chang..
Two banks (Franklin and Lincoln) compete for customers in the growing city of Logantown. Both banks are considering opening a branch office in one of three new neighborhoods: Is there a pure strategy for this game? If so, what is it? If not, identify..
how do public goods and private goods compare? open a supply and demand curve. in whcih direction do the shift if they both decease?
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