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Exporting is nearly always a way to increase the revenue and profit base of a company because:
a) foreign governments encourage imports from other countries.
b) there is little competition in the international market.
c) the international market is much larger than the domestic market.
d) international markets are less complex than their domestic counterparts.
e) it does not involve wasting resources on paperwork.
What phrase best describes medical care spending in the United States? Which of the following will not change the demand for office visits to the physician? The dead-weight loss from an excise tax. Supply curves are positively-sloped because of
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What is the money multiplier and how does it work? If the reserve ratio is 20%, what is the money multiplier? Does the Fed really "set" the federal funds rate? Is that a tool of monetary policy?
The component of Planned AE (the quantity demanded of GDP) MOST sensitive to a change in interest rates is....
According to the Coase Theorem, if transactions costs are low then a private market (that is, an unregulated market) is efficient.
Identify at least four key points of a relevant economic article from either the Strayer Library or a newspaper. The article must deal with any course concepts covered in Weeks 1-8.
Consider our competitive market described by the supply and demand model. If there are no externalities, explain why economists describe the competitive equilibrium as efficient.
Since 1965 the average amount of leisure time for men has increased by 8 hours per week. that's like an extra 9 weeks of vacation per year. For women the average increase in leisure has been 6 hours per week. What does this tell us about the income e..
Adam Smith favours a policy of laissez faire in managing economic activities. Why? Economics deals with the efficient use of resources? Why? Marginal analysis tends to produce more optimal outcomes when working with scarce resources. How?
The price elasticity of demand for the final product affects the own-wage elasticity of demand for labor by affecting the magnitude of:
q.the following equations describe a small open economy. figures except the parameters are in millions of dollars. c
Current, Greece has a debt of roughly 175% of GDP. The new government has announced it wishes to negotiate a write-off, something Eurozone leaders have so far refused. From prior knowledge and this post, I understand that governments may want to stim..
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