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In light of what is happening in the European Union today do you think a controlled default can occur with insolvent governments or does it have to resort to anarchy? Can or should the International Court of Justice (AKA: World Court) handle bankruptcy claims of a country?
Always Round Tire has a production function of Q = 300 L.75 K.5. In the short run, if L = 250 and K = 25, what happens to the output of tires if L jumps to 300 and then 350. What law does this illustrate?
What makes the market of personal computers a good example of perfect competition and what you think are the most important competitive advantages in such a perfectly competitive market?
a vendor is interested in the best price to charge at his various dispensers located in a given area. over a period of
If you both bring supplies to squeeze your own lemons, you can keep up with flow of customers, can charge more per cup and make about an average of $54.60 If you both bring some awful, over-sweetened powdered lemonade mix, you can keep up with th..
what are the gains and losses of international trade? what happens when tariffs are imposed in terms of the importing
Does the quantity of trash increase or decrease the willingness to pay for an additional trip?
From an economist standpoint, why might there be more research, development, and innovation occuring in oligopolistic market structure than in any other?
Which of the following changes to fiscal stimulus package of 2009 for $862 billion (under the bill called American Recovery and Reinvestment Act of 2009) would have a larger overall impact on AD? Explain your answer with credible logic and analysi..
What impact would this have on the Kitty Litter market and the individual Kitty Litter producer in the SR? In the LR? Carefully Explain.
What are the highest and lowest payments from the writer that the bookkeeper farmer team will accept for the 6th day?
An (honest) stamp collector is considering selling one of her prize stamps. Based on some very insightful market research she knows that there are two bidders and each bidder just wants to add the stamp to their own private collection and is not worr..
Suppose that full employment GNP (FE Y) is = 4000 A. Explicitly find the necessary change in G to get the economy to full employment GDP. B. Explicitly find the necessary change in Taxes to get the economy to full employment GDP.
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