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Markets have been present to some degree throughout history, but market society is fairly recent. What does Varoufakis argue was necessary for the development of capitalism and modern economic analysis?
discuss and explain japans slow economic growth over the past few decades and the projection that this will continue.
construct the ad sras and lras curves for an economy experiencing a full employment b an economic boom and c a
Fiscal and monetary policy and the negative impact policy can have on the equilibrium of prices. Then, identify ways that a free market society can avoid the negative impact and maintain both production and price.
Capitalism is vital to our way of life, and yet the Enron case clearly shows ways in which this economic system may be abused. What kinds of abuses did you witness in the film? What kinds of vices were evident?
What are the benefits and drawbacks to advertising products within schools - what other facts would you need to make a decision, and how might your decision affect the stakeholders?
when other companies refused to follow the increase american airlines made an attempt to gain customers in the
For each of points 'a', 'b', 'd' and 'e' on the graph, calculate the price elasticity of demand (PED) and state the nature of elasticity (e.g. perfectly inelastic) at that point.
The demand for new homes in the United States is often described as highly cyclical and very sensitive to housing prices and interest rates.
Jim is offered an investment opportunity with the “guarantee” that his investment will quadruple in 12 years. Assuming quarterly compounding, what is the nominal interest rate Jim is getting on this investment?
An economy is currently made up of a firm that produces bread, a firm that produces butter, and a consumer who consumes both bread and butter. Current production is 100 units of bread, 50 units of butter which the consumed by the consumer.
for figure demand with zero transaction costs is q1s 50-p and supply is qs -7 2pa verify all of the prices and
Rank the countries according to GDP per person in the most recent year for which you collected data. List the countries with the 10 highest levels of GDP per person. Has the composition of the 10 richest countries changed since 1970?
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