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What must and entrepreneur do to earn a profit? (2) How do the actions of firms earning profits influence the value of resources? (3) What happens to the value of reseources when losses are present? (4) If a firm making losses goes out of business, is this bad? Why or why not?
Elucidate how the multiplier effect would support Keynes explanation alsp explain how economies can fall into recession or depressions.
How much can Wells Fargo lend to developer who will repay the loan by selling first 6 view lots out of 13 lots at $190,000 each 2 year from now Assume the bank will lend at a nominal 14% per year, compounded semiannually.
Over the past fifteen years the Heritage Foundation and Wall Street Journal have joined forces to make an annual Index of Economic Freedom.
Which are preferable and why, fixed, flexible, or a mixture of the two exchange rates. What nation have officially dollarized their economies.
Ben Bernanke has said that the Federal Reserve is going to continue its latest round of Quantitative Easing until unemployment falls to 6.5%. How fast will the economy have to grow to bring unemployment down to 6.5% by this time next year? Assum..
The manager of a corporate division faces possibility of an audit each year. She prefers to spend time preparing if she will be audited;
Glenda begins drinking more grape juice, which is less expensive, but tastes just as good to her. In this case, Glenda’s elastic demand is.
Looking to raise profitability in perfectly competitive marketplace. How to efficiently plan production?
For an economy at full employment, an rise in the quantity of money will lead to which of following sequence of shifts in aggregate demand and supply curves;
Among which of these methods of encouraging growth would you suggest to a newly industrialized economy.
Do the estimated coefficients have the required signs to yield a-shaped AVC curve? Discuss the significance using the p-values.
Describe what economists mean when they say government purchases are 'exhaustive' expenditures whereas government transfer payments are 'nonexhaustive' expenditures.
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