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During the last 7 years the US government has gengaged in mass amounts of fiscal stimulus to get the economy moving. Take either the classical or Keynesian point of view on the stimulus. Support your point of view using principles of Classical or Keynesian economics.
1. advertising is an important aspect of monopolistic competition and oligopoly becausea. there are significant
With respect to market forces and/or labor markets that determine peoples' wages, which of the following is a true statement?
Which are the different coordination games you know? Create a matrix for each of these games and explain the game's main characteristics - What is the Tit-for-tat strategy?
the manager at sherwin -williams store has decided to purchase a new 30000 paint-mixing with hi-tech instrumentation
Even though both monopolists and competitive firms follow the MC = MR rule in maximizing profits, there are differences in the economic outcomes because the pure competitor cannot make any economic profit.
What would then be the annual cost of Redwood National Park if the interest rate is 10% and what is the opportunity cost of the establishment of the park, in terms of use of the land?
An individual who makes $32,000 per year anticipates retiring in 30 years. If his salary is increased by $600 each year and he deposits 10% of his yearly salary into a fund that earns 7% interest, what is the future worth at retirement?
exercise 1the following production plans are feasiblethe negative numbers stand for inputs and the positive one for
Discuss the factors that affect the price elasticity of demand as they apply tolamb and make a suggestion based on your appraisal as to the likely priceelasticity coefficient.
Suppose the landlord lets the tennants do whatever they want. According to the Coase theorem, how might Pedro and Mario reach an efficient outcome on their own What might prevent them from reaching an efficient outcome
Capitalism refers to: a. the use of markets b. government ownership of capital goods c. private ownership of capital goods d. private ownership of homes & cars
you have been hired as a consultant by your local mayor to look at the various market structures. your role is to
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