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Discuss whether each statement is an example of positive economics or normative economics or if it contains elements of both:
A) an increase in the personal income tax will slow the growth rate of the economy.
B) the goal of any country's economic policy should be to increase the well being of its poorest , most vulnerable citizens.
C) excess regulation of small business is stifling the economy. Small business has been responsible for most of the growth in employment over the last 10 years, but regulations are putting a severe damper on the ability of small businesses to survive and prosper.
D) the 1990s were a disastrous decade for the U.S. economy. Income inequality increased to its highest level since before World War 2.
A competitive firm that is profit maximizing pays a wage. The firm has started marketing its new product.
Calculate the inventory value of the units unsold in the has well as of the consignee.
What are the average money holdings when the individual makes the optimal number of trips to the bank?
The firm has monthly cash expenses of $180.what is the projected ending cash balance at the end of February.
Growth rates in follower nations such as South Korea also Hong Kong averaged about 10 percent every year.
The rate that does aggregate output, aggregate investment, aggregate consumption as well as per- capita income grow in this steady state.
The total demand as well as for money is equal to the transactions demand as well as plus the asset demand as well as for money.
f P falls below AC, what is result for firm? Firm loses money 16. In late-19th century, both firms and markets expanded. How did this impact competition in many markets.
Explain how did racism affect foreign affairs and discuss how the United States viewed some groups and the influence of the military abroad.
Explain how much change in the number of units sold can the company afford and still be no worse off.
Will it shift to the right or left? Where will the equilibrium be on the LRAS now? What is the correct answer here and why?
George, who owns and runs Tots Poses, expects to encounter an average of eight customers per day, each with a reservation price shown in following table. What are total revenues, average revenues and marginal revenues
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