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Consider two economies, one with a relatively flat aggregate supply curve and one with a relatively steep aggregate supply curve. In which economy will the governement have more succes in raising GDP by increasing its spending? What factors do you think determine the slope of the aggregate supply curve?
Illustrate what is the relationship between the variable that you selected and the economy. What trends do you see in the data sets.
Utilizing productive efficiency as the guide, which country should produce Chevrolets and which should produce Toyotas.
Give some arguments for and against the critisim of the federal income tax exemption of interest on state-local debt as being an inefficient subsidy.
In which direction would international investment flow in response to these real interest rates. Illustrate what impact would these investment flows have on the dollar exchange value.
Once it is describe to be elastic or inelastic, explain how do you come to that conclusion.
Elucidate why monopolistically competitive firms frequently prefer non-price competition to price competition.
Over the last three years, as the result of decreasing prices for digital cameras, the price of developing traditional 35mm film has increased 5% yesrly. How would I go about graphing this impact on the market for 35mm cameras.
In 1996 Congress increased minimum wage from $4.25 to $5.15 every hour. Some people advise that a government subsidy could help employers finance higher wage.
Elucidate what are some of the models that predict the effects that reducing protection of imports will have on factor price. Briefly explain the effects shown by these models.
Explain why is economic growth important also annual growth rate be of great significance over several decades.
Assume an economy's real GDP is $30,000 in year 1 and $31,200 in year 2. Illustrtae what is the growth rate of its real GDP.
Compute the optimal price using the arc formula for elasticity. How does the arc formula for elasticity factor in to these equations.
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