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What are the similarities and differences between Obama and Trump's economic policy?
If monopolistically competitive firms have some control over their prices, why don't they set price above average total cost so they realize an economic profit in the long run?
What are the advantages of Fed increasing interest rates if the GDP gap is positive?
Four mutually exclusive projects are being considered for a new two-mile jogging track. The life of the track is expected to be 80 years, and the sponsoring agency's MARR is 12 percent per year. Annual benefits to the public have been estimated by..
Is it a good idea for the government to require automobile manufacturers to include pollution control devices, and certain safety devices (i.e. air bags) in every car sold in the U.S.? Explain from the context of the definition of externalities.
suppose that walhmart and target are independently deciding whether to continue using bar codes or switch to rfid
Do you think an international policy restricting currency trading amongst arbitraguers and speculators will prevent monetary problems in the future?
Assume that the Fed perceives inflation on the horizon and decides to pursue a contractionary monetary policy.
Sometimes when the citrus crop freezes in California or Flordia, the media report that even though there are fewer fruit available for consumers, "the total value of the crop has increased," or words to that effect. How can this be? What does this sa..
Assume demand shifts out to the right by 10 percent, the elasticity demand is 1.5 and the elasticity of supply is .5, By how much will price change.
The subsidy ends when the money income with program participation equals the money income earned without the program. A simplified version of this type of program is one that would give this single parent a $40 grant accompanied.
It is proposed that Congress pass a fiscal stimulus package that includes tax rebates for individuals. Is this Keynesian or Monetarist policy. What do you think tax rebates would stimulate the economy.
Due to rising unemployment , bike sales are rising across the USA. The bike industry estimates that , all else equal, a 1% fall in average income leads to a 1.5% increase in the sale of bicycles. Calculate, interpret and explain the YED for bicyc..
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