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U.S. is currently suffering from underemployment and excessive current account deficit. What measures can U.S. take to move away from its present situation towards internal and external balance? Consider rules of Bretton Woods and policy tools.
q.in economic history there have been many great economists who have developed theories concepts and ideas which have
Assume a firm has production technology given by f(L,K) = L^1/3 K^1/3. Assume pK = 1 = pL and compute the firm’s short-run and long-run cost functions.
Why do farmers landowners have an incentive to maintain the productivity of their land over time.
1.this question is about the theory of money demand.aconsider two financial assets a and b which could be quite
Fiscal policy is the responsibility of the Congress of the United States. Describe what tools are available to the Congress and how those tools have been used to affect the economy over the past several years. If possible, explain why the economic mu..
What are the three main issues that face correction professionals on a regular basis and what are the best responses to these issues?
Illustrate what is the basic objective of monetary policy. What are the major strengths of the monetary policy. Why is monetary policy easier to conduct than fiscal policy in a highly divided national political environment.
Why is it in the U.S we do not consume all of our current output instead of sacrificing some present consumption for investments?
Point out which costs (sunk cost, incremental cost, fixed cost, variable cost, marginal cost, opportunity cost, out of pocket cost) are considered "relevant" and which are considered "irrelevant" to a business decision. Explain why.
For a firm to be economically efficient from society's point of view, it should produce at the point at which:
q.specify how each of the following international transactions is entered into the u.s. balance of payments with
Assume that the firms form a cartel to maximize total industry profits. Determine the optimum output as well as selling cost for each firm.
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