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1.) Give an example of something that is correlated with GDP per capita where it is a clear priori that causation runs from GDP to that measure and not in the other direction?
A firm conducted a research about the demographics of their customers. For the study they collected data about the following variables: gender, marital status, credit rating (low, medium, high), annual income, and age.
Describe why the labor theory of value of the classical economists supports the conflictual view of the market economy. Use examples.
part -11. write down the households budget constraints for period 1 and 2 and identify the current account.2. derive
draw the cheese market for the united states showing the world price as the price for this market. how much cheese does
can country A change the outcome of the game by burning the bridge they are crossing to invade and committing its troops to fight? expand the game tree to show this option for county A and find the new Nash equilibrium. Explain
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Inverse monthly market demand curve
The problem is from economics and it is describe whether the Federal Reserve being able to control fund rates by making changes in the interest rates is discussed in the answer.
Explain the following terminologies in economics-Spreading the overhead. A break-even level of production. The efficiency of mass production?
Discuss the Federal Reserves use of open-market operations to influence the money supply and the respective consequences of such actions.
Calculate the firms profit or loss and compare the firms output price and the calculated average variable cost and average total cost.
Why are some of the thoughts and actions of the above noted economists classified as classical, keyesian or monetarist
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