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Q. Elucidate why the general level of wages is higher in the United States and other industrially advanced countries. What is the single most important factor underlying the long-run increase in average real-wage rates in the United States?
Q. When a cold snap hits florida, the price of orange juice rises in super markets through out the country. elucidate the statement using supply and demand diagrams
Illustrate what will be the price of this new drink in the long run, assuming the industry is a Cournot duopoly.
Illustrates what the advantage of using capital in the production. Illustrate what is mean by the term division of labor.
Choose a country other than the country in elucidate which you currently reside elucidate which has not already been selected by another student also research the EIU country data.
Suppose now the price of a cell phone minute falls to $.50 per minute. Show how this will change the budget line.
If the Federal Reserve has set the risk-free interest rate at 8 percent, Illustrate is the proper current cost of this investment.
Explain with the concept of optimization and a graph, the circumstances under which a waste site could be made "too clean".
Write down an expression for the profit GBC will make if it uses L units of labor at $1 an hour and sells the resulting output of cookies at $p a cookie.
Now? suppose? that? the ?first ?firm? has? a ?capacity ?of ?2 ?and? the? second? firm? has ?a ?capacity ?of ?4.
If a deposit outflow of $50 million occurs, which balance sheet would a bank rather have primarily or the following balance sheet.
State two economic principles of taxation and which principle best justifies the excise tax on gasoline, when the tax revenue is used to maintain or improve the roads.
Elucidate the effects of an increase in business investment on the short-run macroeconomic equilibrium.
Either design will serve equally well and will involve the same material and manufacturing costs excluding the lathe as well as drilling operations.
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