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Explain how market structure affects market performance and conduct. Identify three types of government regulation that help to improve market performance and conduct and explain how each regulation achieves its objectives and the economic justification for the regulations.
Describe what long-term economic growth is and if there are any limits to the U.S. long-term economic growth.
Illustrate what school of thought would make this suggestion, and how do economists of that school justify that prescription.
Compute total revenue, marginal revenue, total cost and profit at each quantity. What quantity would a profit-maximizing publisher choose? What price would it charge?
Assume that the MPC is .8 and that $10 trillion of real GDP is currently being demanded. The government wants to increase real GDP demanded to $11 trillion.
Suppose DJIA records the changes in prices of 4 stocks. Suppose initially the prices of these stocks are $40. $20, $60. and $80. What is the DJIA.
Suppose a small city dry-cleaning market, which is monopolistically competitive. Currently, the typical dry-cleaner is charging $5 an product.
Account for the effect of the two proposed fiscal policy actions in the short run and long run. This includes a description of the consequences of relevant macroeconomic variables.
Discuss one or two examples of media that have influenced your desires or affected your consumer choices and consumer behavior influenced by advertising.
Commmon and preferred stock issuances and dividends. Permabilt Corporation was incorporated on January 1, 2003, and issued the following stock, for cash:
Elucidate whether current economic conditions are more consistent with the Keynesian or classical economic theories.
Define the union wage gain and the union wage gap. Why should we care about the magnitude of the union wage gain? Why should we care about the magnitude of the union wage gap? Under what conditions will the union wage gap provide a reasonable est..
assume prices are flexible and that factors of production are fully employed in both economies. Assume there is perfect capital mobility for the small open economy.
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