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Suppose that you are the chiefeconomic advisor to the president of the U.S. You are asked topropose a strategy to bring the economy out of recession. Your goalis to avoid inflation and yet bring the economy to full employmentas rapidly as possible. What will be your main strategy? Why?
During recent years, MicroChips Corporation has enjoyed substantial economic profits derived from patents covering a wide rang of inventions and innovations for microprocessors
Discuss the impacts that entrepreneurship and creative disruption have on existing organizations and the workforce (i.e. machines replacing workers, new skills required due to technological innovation, etc.). Should entrepreneurs be concerned with..
What is the current annual inflation rate (based on the CPI-U) Summarize the major reasons behind this figure. What is the most recent numerical value of the CPI-U What exactly does that number mean
What is the major problems caused by a large national debt.It is does not allow small investments by private individuals or else.
Suppose that the black market for Internet providers arises, with internet service providers developing hidden connections. Illustrate the black market for inter access, including the implicit supply schedule, the ceiling price, the black market s..
Assume there are two types of investments, business investments. There is a permanent increase in the nominal supply of money.
calculate the expected value of each investment. draw a bar chart for each investment. calculate the standard deviation of each project. Determine which of the two investments the investor should choose.
Draw the daily budget constraint without any program participation for the single parent described above. On the same graph, draw the daily budget constraint under The Texas Family Assistance Program for the single parent described above.
If government imposes on the firms in a polluting industry penalties(taxes) that exceed the actual value of the damages done by the pollution, the result is an inefficient and unfair imposition of costs in those firms and on the consumers of their..
Illustretae what is the relationship among quality, consumption and demand for health care services.
Use the following data for a firm's output at various levels of employment to calculate: (a) its marginal physical product of labour (MPPL) schedule.
Assume that the soft coal industry is a competitive industry and it is in long run equilibrium. Now assume that the firms in the industry form a cartel.
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