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If the government were to make university attendance mandatory and subsidize tuition costs with tax dollars, how might this affect a nation's economic growth?
Elucidate how a firm's production function is related to its marginal product of labor, how a firm's marginal product of labor is related to the value of its marginal product.
Explain a situation in which the outcomes of classroom experiments deviated from standard economics theory. What insights were learned from these outcomes and how are they incorporated into the standard theory they attempt to model?
Illustrate what is the underlying factor which seems to help clarify whether or not the economy is self-adjusting.
Elucidate what happens to the price of oranges and the marginal product of orange pickers as a result of the freeze. Can you say what happens to the demand for orange pickers.
Your consulting firm was recently hired to improve the performance of Shin-Soenen Inc, which is highly profitable but has been experiencing cash shortages due to its high growth rate
How does monetary policy affect the US production and employment? How has the US current economic situation affected you and your family.
Will these monopolies typically earn economic profits. Why do not other airlines enter these monopoly routes.
What is value of net domestic product. What is value of net investment.
Estimate the strength of your bargaining position for each option. Which of these would be the most advantageous.
Explain how global stratification impact local culture and expalin what are the positive does and the negative effects.
Illustrate what assumptions do you make in answering this question. Illustrate what distortions do you think would appear in economy if such a tax were introduced.
Evaluate the strength of your brgaining position for each option. Which of these would be the most advantageous?
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