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Which of the following is an important advantage of discretionary policy? A. Influencing the political business cycle. B. Flexibility to deal with changing economic conditions C. Limiting the opportunities for abuse of power by policymakers. D. Avoiding the time inconsistency of policy problem
What is the least you would be willing to accept to sell your house? c. Why are the answers to the above two questions different?
Elaine is going to invest $5,000 this year, and plans on increasing her investments by 7% each year. If she invests for 20 consecutive years and earns 7% per year, the amount she deposits on the 20th year is closest to …
suppose that for a particular economy and period investment was equal to 100 government expenditure was equal to 75 net
Project B will return a profit of $2.00 of conditions are poor, a profit of $3.00 if conditions are good and a profit of $4.00 if conditions are excellent. The probability distribution of conditions is as followed.
Over 4000 individuals called up Dr. Kalikorn and asked him to perform a new surgical procedure. Dr. Kalikorn booked 2000 of these and told the rest to seek care from another physician. What is his quantity supplied? Explain.
John Smith expected income in period two is unchanged. Illustrate graphically explain how this job loss affects John's consumption in periods one and two.
For out Back Steakhouse, seating capacity is limited in the short run.
Explain the process that all teams go through when they are being formulated. List and explain the guidelines for team building. Why is there so much emphasis on team building in the world today.
Jonathan consumes two goods, steak and instant ramen noodles. When Jonathan has less than $100, instant ramen noodles are a normal good. However, when Jonathan has more than $100, instant ramen noodles are an inferior good. Show the situation on a gr..
Illustrat what are the advantages of using capital in the production process. What is meant by the term "division of labor".
Vicki is shopping for books. She prefers Great Expectations to The Chosen and prefers The Chosen to Jurassic Park. She buys Great Expectations and Jurassic Park for a total of $30. Which of the following MUST be true?
How to use solow growth model to explain the long run effect of raising the saving rate on capital per worker ad output per worker. Start with an initial steady state and show the new steady state on the graph. Label the graph properly.
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