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Can someone please help me answer these questions thoroughly?
1) Many economists will argue that government should not be allowed or counted on to create jobs. Discuss your analysis of this type of action sometimes governments take.
2) Discuss Block's quote "Production is everything, and jobs are nothing but a means toward that end."
3) This will require some research but Reisman mentions "the labor theory of value" and the "iron law of wages" what are those concepts?
The Australian government is concerned about inter-generational equity problems. Key problems arise from a larger number of older retired people being supported by a smaller workforce of young people, and from ever increasing budget deficits to be pa..
Calculate the tax rate on wages necessary to pay Social Security benefits this year assuming the system is operating on a pay-as-you-go basis. calculate the tax rate necessary to pay promised benefits on a pay-as-you-go basis. What can be done to low..
The world market demand for iron ore exemplifies a typical demand relationship. On your answer sheet, draw a graph of the initial market demand curve for iron ore in the world. Assuming iron ore is a(n) normal good, a(n) decrease in price of a relate..
Given this structure, why is it that there is little price competition between carriers on the same route Why is there not more price competition If they do not choose to compete on price in most cases, how do they compete with one another What..
Calculate the initial level of output per person, the growth rate of output per person also the level of output per person after 100 years.
Raisin bran and milk are complementary goods. A decrease in the price of raisins will:
How does building on undeveloped land differ from building on developed land from an economic standpoint? Discuss the land assemblage problem as it relates to urban renewal. List and discuss possible contradictions between the goals of urban renewal ..
"The theory of comparative advantage (and the associated projected economic gains from free trade) is a well-known economic theory, but what happens in the real world is closer to the opposite. If, as the result of free trade, some American workers l..
Elucidate any of the assumptions required for the Coase Theorem likely to be violated in an important way.
Some people seem to believe that there are goods for which the law of demand is irrelevant, goods that people just “can’t do without.” Why do economists believe that the law of demand applies to all goods. What are its implications for your firm’s pr..
Research the concept of an open economy. Now consider the United States' current economic situation. Share your overall opinion of the subject and if you believe the U.S. economy has benefited or suffered (or both).
When a Denver resident purchases a shirt imported from China, this represents a:
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