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The availability of investment capital is critical for a market economy to grow. Describe how this investment capital is transformed into fixed capital goods, new technology, and cost reduction using new methods of production. Also, describe how interest rates impact the availability of investment capital.
compare and contrast inflation and deflation. what are some of the damaging effects that each has on an economy? what
in january 1 2002 there were 15 member countries in the european union. twelve of those countries eliminated their own
Who would pay a greater share of special income taxes: employers or workers? Explain, considering the price elasticities of supply and demand for labor. Will the deadweight loss from personal income tax in the U.S. be relatively large or relati..
in business research we often will need to create measurement instruments for the variables we want to understand.
Consider the following aggregate expenditure model of the Canadian economy operating with givenwages and other factor prices, price level, interest rates, exchange rates, and expectations:
what do you think must be 3 major macroeconomic goals of the economy? what policy mix assists government attain these
Yolanda owns an art factory in Palermo, Italy. She is thinking of expanding her exports of large-size paintings of Italian cityscapes. She has had little difficulty recruiting new artists to Palermo to work a 40-hour week in the factory.
The following figures are based on budget estimates of Government of India for the year 2001 – 2002
Given that the value of individual production of Carol and Tessie is zero, while their combined production is positive, we may conclude that:
1. a study of the costs of electricity generation for a sample of 112 british firms innbsp 1946 - 1947 yielded the
According to the statistics the distribution of money income:
find the effect of a trade surplus? explain the effect of a trade deficit? how do trade deficits and surpluses affect
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