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Explain why "money supply shifts" are important in macro-economics.
State and Local Governments in this country use sales taxes as means of generating revenue. In other countries, a value added tax (VAT) is used to generate Government revenue. Please explain the difference. In your opinion, which tax system is most e..
For a manufacturing firm, and ideal output would be the one that resulted in MR=MC. But is it possible in the real world or is just theory? Also what should the firm do to establish ideal pricing, assume if the MR = MC is just a theory?
Which of the following job characteristics would tend to cause an increase in the wage rate for the job?
The distinction between the short run and the long run for a perfectly competitive firm or a monopolist is that:
Assume that over a range of prices, the price elasticity of demand varies, total revenue curve over these two ranges of the demand curve as price fall.
The monopoly's supply curve
Explain the logic of the Ricardian view of government debt and evaluating its practical relevance.
“Who will get the output” is that the people who are willing and able to pay the existing market price get the output. If you cannot pay for the product or service, you do not get to have the product or service. This is true for all products and serv..
Elucidate which firm's product provides the greatest value-created.
Pendleton Construction, Inc., Please answer the following questions about this case.. 1. As Henry Royce, which specialty fabrication supplier would you select for the newly awarded megaproject? 2 Explain your choice in detail. 3 Regardless of your ch..
Suppose that the overnight rate and the overnight rate target are at 4.5 percent. The interest rate spread household and business borrowing should be 2.5 percent. a. To achieve the real interest rate of 2.5 percent, at what level should you set the o..
Ruth wants to calculate the present value of a sum of money that she will receive after the demise of her grandparents. To calculate the present value, she should use the:
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