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In the long run, all thing equal, a decrease in the government deficit is likely to
a. have no impact
b. increase economic growth because more investment expenditure can be financed
c. decrease economic growth because less investment expenditure can be financed
d. reduce inflection and therefore increase potential GDP
How do foreign exchange markets get information and how important is the information when it is in time? What are the procedures and practices of banks?
Two firms with MC1 =10 and MC2 =12(each unit costs $10 for firm 1 and $12 for firm 2) are located at each end of a street of length 1. Consumers are uniformly distributed along this street and incur transportation costs TC = x2, where x is the distan..
Explain the following business cycle theories
Which of the following statements is false in the short run? The long-run average-total-cost curve shows.
Suppose a firm faces the inverse demand curve P = 600Q– 0.5. The firm has the total cost curve TC = 1,000 + 0.5Q1.5. Find the firm’s profit- maximizing output, price, and profit.
Why might some firms voluntarily pay workers a wage above the market equilibrium? Which of the following government policies would lead to an increase in productivity?
Jenny, your niece, is a smart high-school student who wants to make intelligent choices for her future. Hearing of your course in business economics,
Recently I began thinking about why the use of tokens for money is so popular. In casinos, I think that it is well justified, but there are some cases when those arguments are not useful. For example, why would an amusement park make you buy tickets ..
The two economies are so far apart that they don't share ideas and each evolves as a separate roomer economy.
Which is true for a purely competitive firm in short run equilibrium?
Research any two publicly traded companies, looking for one that has an attractive price earnings ratio and one that has an unfavorable price earnings ratio. Explain how you knew the price earnings ratio was attractive and unfavorable.
Would company benefit by advertising in this perfectly competitive market. What would happen to price of toothpaste, would it rise or fall. What would happen to profits company makers.
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