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Assume that a country’s real growth is 2 percent per year, while its real deficit is rising 5 percent a year.
a. Can the country continue to afford such deficits indefinitely?
b. What problems might it face in the future?
q1. draw an ad-as diagram representing the u.s. economy in a recession. also draw a diagram of the u.s. labor market in
A sample that does not over represent any portion of the population also whose responses can therefore be safely generalized
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Illustrate what is each firm's equilibrium output and profit if they behave noncooperatively. Use the Cournot model. Draw the firms' reaction curves and show the equilibrium.
q.essay questions make sure you thoroughly answer all parts of each question format requirements will be enforced.1.
Explain how to measure the price elasticity of demand and supply and the cross-elasticity income elasticity of demand? Explain the elasticity of supply for gasoline?
Monopoly and Antitrust Policy. What is the difference between holding a monopoly and monopolization? Which is illegal? Explain.
Keynes said it was the stock market crash of October, 1929 that was the trigger mechanism for the Great Contraction from 1929 to 1933. He believed that the crash caused expectations to become catastrophically pessimistic. Use the Keynesian Cross Mode..
Using the World Bank classification of countries, select countries from the different categories and examine the data on output growth and education level. Is there a systematic relationship?
Bob consumes two commodities: x and y. For what values of py will Bob buy y, and for what values of py will Bob buy only x?
q. 1. what is a business organization?2. what is the most common form of business organization?3. define sole
q.given the demand function of a monopolistq 100 - pand the cost function faces himherc 100 80 qa. find out
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