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Please provide a comprehensive answer to the following two questions:
1) Which were the main causes of the Great Depression?
2) Why did the Great Depression last so long?
Indications:
How do you know that the firm represented in the graph above is a purely competitive firm and to maximize profits, this firm will produce at what output level and explain why this MR=MC position is the profit-maximizing position for any firm.
Differentiate the way Keynes and Friedman approach the economy. Determine the key differences and similarities?
A typical university football event need alumni to join one of many booster club before the person can buy season tickets.
Public administration can't exist outside of its political context. Describe how politics affects the policy making process and the delivery of governmental services.
Assume there are two services offered in economy: dance clubs and college education. Both require the use of limited resources, but not all of the resources used in each one can be readily transferred to the other.
For each of following cost-output relationships, explain the shape (U-shape, decreasing, increasing, constant) of the average total cost and marginal cost functions
What is the maximum amount of harvest that can be sustainably achieved in this system? What level of biomass generates this amount of harvest?
In our treatment of the Ricardian model We have focused on the case of trade involving only two nations. Assume that there are many nations capable of producing two goods
Analyse the impact of an increase in the price of crops and a (proportionately smaller) decrease in the price of fuel on a low income person who spends most of her income on food (derived from crops).
Explain why the relationship between the prices charged to locals versus the prices charged to out of town visitors? Why does this happen?
Conduct an analysis of the demand for the organization's product(s) and/or services - Discussing the source of your numerical price and other data
Write out your final regression equation, with standard error in parentheses under each coefficient. Also, present statistic - F and 2R for this final regression.
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