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The Federal Trade Commission requires that firms advertise truthfully. Why does this requirement promote competition? Would firms be better or worse off if the Federal Trade Commission adopted a "let the buyer beware" policy?
Saudi Arabia has a competitive advantage in the production of crude oil over the United States. Indonesia has a competitive advantage in the production of Nikes over the United States. Do you agree or disagree with these statements? Why? Explain the ..
Explain how scarcity affects the following decision-makers: The president of the United States A business executive A city manager The mother of a baby.
What is the equilibrium price. What is the equilibrium quantity. If the price was $7, what would be the quantity demanded
In which directions are they pushing or pulling the U.S. economy. Also, do you think the gap between real GDP and potential GDP will widen or narrow.
q.alchemy l is the price leader in the poly-glue market. all ten other manufacturers follower f firms sell poly-glue at
Home Interiors has net income of $248,000. The firm has decided to pay $160,000 of that income out to the shareholders. What is the firm's retention ratio? Art Supplies has a net income of $138,600. The firm has $1.25 million in assets and $500,000 i..
You would like to save money to buy a new car that costs $10,000, but currently only have $8,000 and you know you won’t have any further excess savings to contribute more to it. You have available to you a fairly good savings account which pays conti..
Illustrate what type of market structure is auto industry. Has consumer surplus been affected in any way due to changes in auto industry structure and if so, how.
Is the natural rate of unemployment fixed? Why or why not? How are full employment and the natural rate of unemployment related?
Consider the model yt = a + b0*xt + b1*xt-1 + b2*xt-2 + vt where vt is an independent random error term with zero mean and constant variance. The one-period interim multiplier is:
Should we reduce or eliminate taxes on corporate profits in the United States to lure more of these companies back to the U.S.?
Explain why do changes in bank reserves resulting from open-market operations by the fed produce multiple changes in checkable deposits in the economy.
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