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Expand on "Say's Law" to explain the "Laissez-faire" policy conclusion of Classical economics. Use the story of demand and supply to explain how flexible prices lead to self-regulation of the economy. With a natural tendency to full employment and how Government intervention would be counter-productive.
The EU is a regional integration. Please discuss the option to develop from a free trade area to a common market and a currency union. The planned Transatlantic Trade and Investment Partnership (TTIP) is a free trade area. Please discuss the impacts ..
Which of the following products and services are likely to encounter adverse selection problems: golf shirts at traveling pro tournaments, certified gemstones from Tiffany's graduation gift travel packages, or mail-order auto parts? Why or why not?
i am really having trouble correcting my homework assignment and really need finding the correct answers. can you
(a) Calculate the average credit taken by the retailer, in days. (b) Give a brief explanation of the average credit taken by the retailer.
Describe the makeup of food service industry in canada. What is the size in sales dollar of the food service industry in canada? How had the industry been trending over the last several years? Explain with numbers and cited facts please give the refe..
Suppose that real domestic output in an economy is 300 units, the quantity of inputs is 50 and the unit price of the input is $9. The level of productivity and the per-unit cost of production are, respectively:
Discuss Soutwest Delta airlines merger and describe the competitive environment within the industry. Is there a dominant firm.
Rate, from best to worst, each of the sources ADP (Automatic Data Processing, Inc.) indicated in the SWOT analysis in terms of its probable reliability. Discuss the steps and/or actions you can take to validate the reliability and accuracy of the inf..
Currently, the price of consuming housing x1 is lowered by the fact that home mortgage interest is tax deductible. Suppose the government proposed to eliminate this implicit subsidy of your housing consumption, raising the price from (p1-s) to p1. Wh..
If you were loaned $1 with a 4% interest rate. What would it be in 40 years? And how would you find it without using an inflation or interest rate calculator? What is the formula or method of finding it so I can manually solve it myself?
Barbara’s utility for 2 goods X and Y is given by U(x, y) = x^0.6y^0.4. Let I denote income and px and py denote the prices of good X and Y respectively. What is Barbara’s gain in consumer surplus if price of good X decreases from $20 to $15
A city has decided to build a softball complex and the city council has already voted to fund the project at the level of $800,000 (initial capital equipment). The city engineer has collected the following financial information for the complex projec..
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