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What organizational characteristics facilitate embracing accidents as sources of innovative products and services? Consider 3M and Post-it Notes.
If the economy is operating on the upward sloping portion of the short-run aggregate supply, SAS, curve; show that an increase in aggregate demand, AD, from expansionary fiscal policy will result in an increase in both real income, Y, and the gene..
What is total U.S. government revenue from the tariff and if trade opens up, what will be the quantity of U.S. imports?
A country has a comparative advantage in producing a good if it can produce that good: At a higher opportunity cost than another country can.
Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"
What is the difference between substitutes and complements? Indicate two goods that are substitutes for each other. Indicate two goods that are complements.
Suppose that the economy is thought to be 2 percent above potential (that is, the output gap is 2 percent) when potential output grows 4 percent per year. Suppose also that the Fed is following the Taylor rule, with an inflation rate of 2 perce..
A theater that shows the same movie to large families and to individuals and couples. (Hint: For which set of people will the overall expense of a movie be a larger part of their budget, so that demand is more elastic)
According to the quantity theory of money, an excess quantity of money supplied will lead to a
what is the effect on the economic well-being of a nation when a tariff is imposed? consult a newspaper and identify an
suppose you have just been appointed to a high level position in the economic analysis unit of the state department.
If the probability of a newborn child bieng female is 0.5, find the probability that in 100 births, 55 or more will be female.Use the normal distribution to approximate the binomial distribution.
it seems most everything we buy these days has the label made in china. china has become the second largest world
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