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In order to counter the current recession Congress increases welfare and unemployment transfers what is the short run impact of the government actions on price level and output?
National Bureau of Economic Research. CIA's World Factbook. Organizaiton for Economic Co-operation and Development.
q.due to rising food costs our vending contractor royalle vending will implement a slight price increase on all
An economist has predicted that for the next 5 years the U.S. will have an 8% annual inflation rate, followed by 5 year at a 6% inflation rate. this is equivalent to what average price change per year for the entire 10-year period?
A pulpwood-forming machine was purchased and installed 8 years ago for $50.000. The declared salvage value was $5000, with a useful life of 10 years. The machine can be replaced with a more efficient model that costs $90,000, including installation. ..
A house painting business had revenues of $17,600 and expenses of $10,600 last summer. There were no depreciation expenses. However, the business reported the following changes in working capital:
Summarize the recent policy of the Federal Reserve concerning the level of interest rates and the reasons for this policy. Do you agree with this policy? Why or why not? How does this policy affect the supply of and demand for products and services?
What would happen to the size of the cattle population if Americans decided to eat substantially less beef? Explain the logic underlying your answer. Does private ownership entitle the owners to do anything they want with their property? Why or why n..
During the 2008 financial crisis and the subsequent recession, how did major U.S. banks respond to the actions of the Federal Reserve? How did those monetary policy actions affect U.S. businesses and households? How were the actions of the Federal Re..
Almost one-fifth of the deaths in children under five in Africa are from: The bulk of world trade originates and is exchanged between _____ economies. Health-adjusted life expectancy (HALE) reduces life expectancy by years spent: Which education indi..
Suppose the US has a Debt Limit Law according to which government debt cannot be higher than $120 million. What are the options for Obama?
Imagine you are in charge of development for a developing country and were approached by a multinational corporation interested in locating in your country. Identify some of the benefits and some of the costs to the host country from allowing a multi..
Suppose an individual is faced with two goods: income and leisure. The basic wage rate is 8 dollars per hour but if the individual works more than 8 hours a day, he or she get's an overtime pay of $12. Draw the budget line for this individual.
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