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You are required to complete Discussion Board Forum. You will research a topic, and compose a thread discussing the topic. Research outside the textbook is required for each forum. Acceptable research sources include your textbook, periodicals, journals, newspapers, magazines, and the Bible. The research required for each Discussion Board Forum topic can be accomplished at our Online Library. Sources such as Wikipedia, About.com, book reviews, and blogs are prohibited.)
In each thread/discussion you must demonstrate a fundamental understanding of the economic theory and outside research for the specific topic. You must adhere to APA style when formatting your posts and citing your sources.
Each thread must contain at least 3 or 4 paragraphs including a minimum of 300 words.
TOPIC: Choose a Topic: GDP (As it relates to Output) or Real GDP vs Nominal GDP
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A policy may yield a Pareto superior outcome so long as the gains to those who benefit are greater than the losses to those who are worse off.
State and explain the law of diminishing marginal utility and do the same for the law of diminishing returns and identify and explain two similarities and two differences between these two laws.
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Draw a graph of the aggregate labor market in equilibrium. Then consider each of the following scenarios. In each case, show the effect on the market and explain what will happen to the real wage and the equilibrium quantity of labor.
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