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A survey of economists revealed that more than three-fourths of them agreed with a number of statements, including which of the following?
a. Tariffs and import quotas usually reduce general economic well-being.
b. A large federal budget deficit has an adverse effect on the economy.
c. A minimum wage increases unemployment among young and unskilled workers.
d. All of the above are correct.
Use a model of the money market to explain why changes in nominal or money GDP are associated with changes in interest rates.
Explain how does the concept of dualism adequately portrays the development picture in developing countries.
Suppose we randomly poll 500 Americans and ask them whether they believe that the parents are involved. What is the distribution of the sample mean.
Which fiscal balance is likely to be influenced and Explain how by treating human capital investments the same as physical capital investments.
Illustrate what is the capital account balance. Illustrate what is the financial account balance.
Illustrate what trends did Nokia pursue as it designed mobile phone products in the late 1990's.
The economists also argued that the technical level of potential output had risen. Show their argument using the AD-AS model
Explain should decision management as well as decision control be separated.
Illustrate what is the marginal cost of a string. Calculate marginal revenue and marginal cost for each quantity.
Compute the unweighted-average nominal tariff rate for Tarheelia nominal tariff rate for Tarheelia.
Elucidate how would you improve this survey to better reflect the needs of the consumer.
Iran subsidizes gasoline, leading to a cost to consumers that is one-fifth the market cost.
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