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1. How did bourgeois society come into being?
2. How did the bourgeoisie become the dominant class?
3. How did the proletariat as a class come into being?
4. How has modern industry, capital, and wage labor shaped the character of the proletariat?
If the unemployment rate is 6.2%, and the number of employed equals 110 million, what is the employment rate?
Suppose a firm must pay an annual tax, which is a fixed sum, independent of whether it produces any output-How does this tax affect the firm's fixed, marginal, and average costs?
Money must have material backing to have value. Justify your response. Take a stand on whether or not it would be easier for the Federal Reserve to expand the supply of money in a period of prosperity versus in a period of recession.
question 1according to the solow growth model how would each of the following developments affect output per worker and
In the coordination failure model, suppose that consumers preferences shift so that they want to consume less leisure and more consumption goods. Determine the effect on aggregate variables in the good equilibrium and the bad equilibrium.
exercise 1the attributes of alecturer are name payroll number department and salary.write a function which takes a
Explain how scarcity and choice are related. Economic theory says that a rise in the price of a good will cause people to buy less of it. If the price of meat increases and John Doe buys more meat, has the theory been refused
develop a powerpoint presentation intended to introduce foreign dignitaries to actions of our federal reserve.address
How monetary policy affects aggregate supply and demand and inflation, explain exactly how a change in the federal funds rate can trigger all these reactions. Use at least 4 graphs. Do you think we are in a liquidity trap today? Why or why not?
Given the Demand curve for flyswatters Q = 500-50P, estimate the quantity demanded for the following prices.
Impact of Government Regulation
A perfectly competitive industry is characterized by the cost function for individual firms: TC(q) = 0.01q2 + 100
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