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1. How can the high unemployment hurt the growth of the GDP
2. Is the U.S. economy primarily driven by consumers or businesses? Why?
3. Let's look at the "crowding out effect". Please explain and define the crowding out effect,
Describe what observations and decisions might be made based on comparative labor costs. What countries, based on labor costs alone, might seem best to lower labor costs.
Describe why some long-run average cost curves are steeper on the downward side than others.
The economy has two sides. One side is the aggregate demand side. Elucidate the relationship between the price level and the quantity demanded of Real GDP.
The president of a small industry has been complaining to the controller about raising labor also material costs.
q1. wanda owns a fish shop. she employs students to sort and pack the fish. students can pack the following amounts of
Elucidate however, in checking with government economists, Hanna finds that every capita disposable income is expected to rise.
For several decades the labor force participation rate of women increased steadily but average hours worked per employed woman decreased steadily. Holding all other factors constant, could rising wage rates of women explain both phenomena? Explain. [..
To avoid the problem of double marginalization
The production process requires labor and capital as inputs. Labor costs $6 per labor hour and capital costs $12 per machine hour.
What did the Civil War change any opportunity costs in the South. Did the opportunity cost of everything rise? Or did items cost less.
This means that in the particular year the economy produced no capital goods at all." Do you agree. Why or why not? Explain: "Though net investment can be positive, negative, or zero, it is quite impossible for gross investment to be less than zer..
no less than 1000 words excluding the title page bibliography and appendices.question 1. a study into the key
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