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According to economists, what is (are) the true cost(s) of a budget deficit? Does the "opening up" of an economy change the type of costs a deficit produces? Use an investment/savings diagram in your answer.
What advantages might a socialist system have in responding to the needs of people struck by an emergency situation like the earthquake that occurred in Haiti in January, 2010?
Firms can shift their marginal cost curves to the right, resulting in higher outputs at the same or lower maximum-profit prices. This can be done by
q.the market demand and supply functions for pork are qd 2000 - 500p and qs 800 100p. to help pork manufacturer the
Suppose that OPEC raises oil prices by 50 % in 1998. What effect will this have on the US aggregate demand curve? On the US short run aggregate supply Curve?
q. real wages and productivity-are workers paychecks keeping up? over the long run historically real wages produce
Illustrate what are the main characteristics of a perfectly competitive market that cause buyers and sellers to be price takers.
Suppose that initially the money supply is 2 trillion the price level equals 2 the real gdp is 4 trillion in base year dollars and income velocity of money is 4 . Then suppose that the quantity of money in circulation remain fixed but the income velo..
q1. assume the labor demand curve of the firm is w 20 - 0.01 ewhere w is the hourly wage and e is the level of
Research one case of trade restriction, implemented by any nation. Research your topic, using at least 2 sources, and write a brief report (approximately 2 pages) on your findings.
Zelda Manufacturing has are unique product that sells for $15 per unit and marginal cost is $7.50. Conclude Lerner index for Zelda Manufacturing. Does this index indicate market power.
Explain the effects of the increase in global demand for cell phones on the market for cell phones and on an individual cell-phone producer in the short run.
If hospitals begin to affiliate within regions, would you expect that unnecessary duplication of facilities would increase, decrease or stay the same?
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