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What is the relationship between economies of scale and a natural monopoly?What is simultaneous consumption and how does it affect economies of scale?What are network effects and how do they contribute to economies of scale?
What do you think the increase in productivity is likely to move the economy closer to full-employment or farther away.
Briefly explain which of the following policies are likely to increase the rate of economic growth of a nation and government increases public spending to finance a conflict with a neighboring nation
Describe free trade harm the environment. Environmentalists argue that trade liberalization harms the environment.
Consider a company in a perfectly competitive market. The company has just built a plant that costs $15,000. Each unit of output requires $5 worth of materials.
If there are 150 million people in the labor force and 10 million of them do not have jobs but have looked for work in the last month what is the unemployment rate? 2)If next month 5 million people who have been discouraged workers start looking fo..
Determine the four supply factors of economic growth and also find the demand factor?
Technological advance, that date has played a relatively small role in U.S. economic growth.
Illustrate the stated direction of recent monetary policy. What recent actions have the Federal Reserve taken to confirm that direction
Many US companies have located in contries all over the globe. Would they support or fight free trade. Explain your position.
Assuming individuals hold no cash (all cash is in bank vaults as reserves), calculate the simple money supply from the following reserves requirements and deposits in the systems. 5 Points each, 30 points subtotal
The opportunity price of an investment is the real rate of interest, and that's why investment demand depends on the the real interest rate.
Elucidate the difference among the statement "the money supply is fixed" and the statement "the money supply is exogenous".
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