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Why does representative democracy often tax some people in order to provide benefits to others? When governments become heavily involved in tax-transfer activities, how will this involvement affect economics efficiency?
The spirit of equating marginal cost with marginal revenue is not held by perfectly competitive firms oligopolistic firms or else.
Suppose a government is established in a country where none previously existed. The government spends 80, financed by borrowing, to provide public services. If autonomous consumption plus investment is 210 and the marginal propensity to consume MP..
Use the data on U.S. real GDP below to compute real GDP per person for each year. Then use these numbers to compute the percentage increase in real GDP per person from 1987 to 2005. Year REAL GDP (2000 prices) population 1987 $6,435,000 million..
The rates of server for performance monitoring were officially defined for 2008 also represents a reduction
Explain the 4-broad categories of GDP using consumption approach. Give explained account of each component and determine the Natural Rate of Unemployment.
The following item appeared in a major daily newspaper: does this observation in fact violate laws of supply and demand.
Illustrate what interest it should be used in project analysis calculations.
Which country is capital abundant according to the Heckscher-Ohlin theorem? Given your answer to (a), draw the PPF for Canada. Also draw the indifference curve and the relative price line for the no-trade equilibrium.
In the United States, the capital share of GDP is about 3 percent, the average growth in output is about 3 percent per year, the depreciation rate is about 4 percent per year, and the capital-output ratio is about 2.5. Suppose that the production ..
The primary period had been 10 years, what would the compound growth rate have been then. What would you expect the sales to be after 16 more years.
When a company chooses their distribution channels, they must keep in mind that each channel member must be given the opportunity to be profitable. The main elements in the "trade-relations mix" are Price policy, Conditions of sale, Distributors' ..
Illustrate what are the gains and losses for consumers in these types of international production and trading patterns.
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