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What are some significant principles involved in the economic theory of Supply Side Economics (Please include things like the effect of tax on business decisions). Are there other views on what Supply Side Economics or is there only one?
Suppose the economy were very strong and unemployment very low. Wages after inflation rise for most Americans by about 3% and for highly skilled workers by 7%. The stock market soars and home prices rise dramatically.
Look at the shape of the curve across the years. In some years, it steepened, and in others, it flattened. What specific Fed actions or market events caused the curve to flatten so dramatically from January 2013 to January 2014? What factors caused t..
Long-run competition. Much of the cost of a new smart phone is in the research and development and in building manufacturing facilities. By contrast, the marginal cost of producing another phone is relatively low. You have been hired by Apple to reco..
What determines market prices, assuming a competitive market and there are no artificial restrictions in the market? How does the market arrive at an equilibrium?
the mining industry has been a major driver of economic growth in australia in the recent decade and currently accounts
Machine A was purchased three years ago for $10,000 and had an estimated market value of $1,500 at the end of its 10-year life. Annual operating costs are $1,250. The machine will perform satisfactorily for the next seven years. what is the differenc..
Which of the following is NOT a possible way for a price-fixing scheme on potatoes to fall apart? Which of the following determine an individual's wage? In 2011, Google introduced its social networking site, Google+. Even though Google+ is cleaner an..
Elucidate how that a profit-maximizing bundle will typically not exist for a technology that exhibits increasing returns to scale
Between 1970 and 1976, average inflation rate of Country X was about 35 percent per year. With that rate of inflation, prices would double about every ________ using the rule of 70.
John Borrows $10,000 at 18 percent compounded annually. He pays off the Loan over a 5-year period with annual payments. Each successive payment is $700 greater than the previous payment. How much was the first payment?
Illustrate what cost as well as quantity will result once the patent expires and competition emerges in this market.
One of the economic principles says: "Prices rise when a government prints too much money". Explain and justify in details how this principle works. Suppose in a bank the amount of reserves $80 and the reserve ratio R= 20%. Find the increase in the ..
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