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Some politicians have suggested that the United States enact a constitutional amendment requiring that the Federal government balance its budget annually. Explain why such an amendment, if strictly enforced, would force the government to enact a contractionary fiscal policy whenever the economy experienced a severe recession.
Illustrate which competitor is better positioned to take advantage of this opportunity. Assuming that neither company can segment the market.
Do you think it is a good idea for the Russian government to take the measure of encouraging foreign carmakers to build factories in Russia.
What is the value of consumer surplus? What is the value of the deadweight loss created by this monopoly?
Elucidate causes lags in effect of monetary and fiscal policy on aggregate demand. what are the implications of these lags for the debate over active versus passive policy.
Calculate the percentage change in nominal gdp, real gdp and the gdp deflator in 2008 and 2009 from the preceding year. for each year identify the variable that does not change. explain in words why your answer make sense.
How does the standard product of labor change when the industry utilizes 81 units of labor.
Instead of imposinga tariff, the government reached an agreement with foreign suppliers to "voluntarily" limit the portable radios they export to 1,250 per year. What is the deadweight loss resulting from this agreement?
Suppose a Sears coupon bond sells at a discount from face value. Is the coupon rate higher or lower than the current yield? Explain. B. Is the yield to maturity greater or lower than the current yield?
Assume that every driver faces a 1% probability of an automobile accident every year. An accident will, on average, cost each driver $10,000.
Explain how did the marketer of which product you purchased direct each of those four elements of the marketing mix to influence your purchase?
Why do marginal costs first fall and then begin to rise? Why are marginal costs important to a firm when making decisions to increase or decrease production?
explain how lower coffee bean output in brazil, vietnam, columbia and central america are affecting this market. explain what has been happenning in this market.
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