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Assuming that over the last three years the equilibrium quantity of wheat has risen while over the same period the equilibrium price has not changed, which of the following is the most likely explanation of these facts?
Can democracy survive if a majority of the citizenry pay little or nothing in taxes while benefiting directly from a higher level of government spending? Why or why not? Discuss.
suppose the yield to maturity on a 2 year treasury note was 4.5 while the yield on a 1 year not was 5.5 assume that
In the movement to downsize government, advocates often recommend turning over some government services to private firms hired by the government. What are the potential benefits and costs of such outsourcing
if the policy interest rate is near zero what less conventional monetary policy tools might a central bank use to
Illustrate what are the pros and cons of companies competing in the global environment and how this has affected the U.S. economy and the global economy.
Suppose you're an economic advisor in charge of trying to raise a maximum level of tax revenue for the government. You consider taxing the suppliers in the market for corn, a major agricultural product in the United States.
To what extent have industrialisation strategies in developing countries been successful in the post-war period? Is import substitution a necessary phase in industrialisation before a country can engage in exports?
A dining facility with multiple branches caters to newlywed couples only. The ambience, special live music arrangements for each couple, and privacy of the dining sections have become a rage among newlyweds. Which of the five generic strategies ha..
Define what is a change in the amount of a product that consumers will buy because of the change in price.
Illustrate what are institutional arrangements. Why are they considered important fundamental determinants of economic growth and development.
What is the resources required to produce the things we would like to have--these are land, capital, labor, and entrepreneurs.
In the Case Study on international reserves, we asserted that except in the case of a reserve currency system. Explain by contrasting the case of a gold standard-type system and a reserve currency system.
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