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Discuss how monetary and fiscal policy could have been better leveraged to avoid the recession in the early 2000s.
Discuss how supply and demand would be affected under each of the four degrees of competition (pure competition, monopolistic competition, oligopoly, and monopoly). Give specific examples to support your response.
What is the probability that it will take a worker between 6 and 10 minutes to complete the task
Describe nominal GDP and real GDP in year four using the following information: in year one, the base year, 10 computers sold at $2000 each, and 15 televisions sold at $500 each.
Discuss how you would explain what this class was about to a friend of yours pondering taking the same class.
The best use of scarce resources paid for at the minimum level of cost to consumers and businesses
After school one day, the teacher discovers this student beating up another student and has to break up the fight. The teacher has turned to you as the vice principal in charge of discipline. Using the theories you have learned this week what do y..
Elucidate why or elucidate why not. Does it matter whether the inflation is expected or unexpected.
Suppose that one company acquires all the suppliers in the industry and thereby creates a monopoly. Illustrate what are the monopolist's profit-maximizing price and total output.
Suppose the government implements a policy that subsidizes business investment. Explain how will this affect the relationship between investment and the interest rate.
By how much will total economic surplus change if the city council passes a law requiring employers to include full reimbursement
Describe perfect competition and long-run equilibrium. Provide detailed descriptions, definitions and concrete examples of your findings.
Do protectionist policies benefit producers, consumers, workers, or the government
The market demand and supply function for VCR movie rentals are: QD= 10 - 0.04p and QS 3.8P = 4. Calculate the equilibrium quantity and price.
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