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1. How were slaves involved in the New England economy in the 17th and 18th centuries?
2. Biotech is just one of several up and coming industries in Massachusetts. Give some reasons that Biotech has clustered here and what are some other industries that are growing here?
3. Richard Doherty said, when the Governor goes overseas or to other states to tell of the benefits of companies investing in Massachusetts Higher Education helps "sell" the State. Why does this work Internationally? Why does it work domestically? (PPT attached)
4. Give your reasoning of what do you think was the most important industry in the Massachusetts economy UP TO 1900? Think long-lasting impact. There are a few acceptable answers.
5. Small business is a key ingredient in the Massachusetts economy. Give some reasons for this and why small business creation is so high here.
Describe why some workers are more likely than others to be laid off or have a harder time finding another satisfactory job.
Find out at least two sources to help you solving the subsiquent questions about the air line company.
Compute and contrast the way Keynes and Friedman approach the economy. What are the key differences and similarities.
Macroeconomics questions, discuss the short-run and long-run effects, Keynesian model, Distinguish between ongoing demand pull and ongoing cost push inflation.
Discuss the major barriers to entry into an industry.explain how each barrier can foster either monopoly or oligopoly.which barriers , if any do you feel give rise to monopoly that is socially justifiable?
The largo Publishing House uses 400 printers and 200 printing presses to produce books. A printer's wage is $20 and the price of a printing press is $5000.00. If not, how should the manager of Largo Publishing house adjust input usage?
Suppose the emarginal cost of producing the good in before question is aconstant $ 10 per unit of output . What quantity of output will the firm produce.
The Federal Reserve's publishes the H.3 Statistical Release-Aggregate Reserves of Depository Institutions and the Monetary Base-weekly. Recent releases show that the composition of the supply of total reserves
The country of Cheapland currently has a national health insurance system that reimburses citizens for 90% of all heath care costs incurred. Cheapland's government is considering a policy change that would provide medical care providers
The technology that can be used to produce this good is described by the cost function
Suppose that in 1984 the total output in a single-good economy was 10,000 buckets of chicken and the price of each bucket of chicken was $10. In 2005 the price per bucket of chicken was $20 and 25,000 buckets were produced. Determine the GDP price..
Illustrate the potential problems of economic transition from a planned economy to a competitive free-market economy.
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