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Keynesians would likely agree that: A. all unemployment is frictional unemployment. B. if a person isn't working, that's his or her own choice. C. structural and cyclical unemployment are more common than frictional unemployment. D. unemployment is impossible.
Given below is information on all of the entries in Balance of Payments of a hypothetical developing country: What is the value of current account balance? What is the value of capital account balance? What is the value of cash reserve account?
Prepare the income statement and retained earnings statements for the year and the classified balance sheet at August 31.
What is the equilibrium price of honey? How much profit does an individual producer make in a month?
suppose that the other firm holds its rate of output constant, solve for the optimal output of each firm. What is the total profits of the two firms.
Explain by how much did real GDP increase between 2002 and 2003. Velocity in the country of Shem is always stable.
Redstone Clayworks, Inc. is located in Sedona, Arizona and manufactures clay fire pits for patios. They are one of about two dozen firms around the world that manufacture and sell clay fire pits for retailers such as Home Depot, Lowe’s, Front Gate, a..
The coffee shop near the local college normally sells 10 ounces of roasted coffee beans for $10. But the shop sometimes puts the beans on sale. During some sales, it offers "33 percent more for free." Other weeks, it takes "33 percent off" the normal..
What lessons can we learn from the Chad-Cameroon Oil Pipeline and the Lesotho Highlands Water projects? What corrective measures should be taken?
Assume that we care about the average welfare of individuals in Indian villages, i.e., we put equal weight on each individual's utility.
Real estate magnate Donald Trump once proposed a one-time tax of 14.25 percent on the net wealth of every American with more than $10 million. Would this be an efficient way to raise tax revenue? Why or why not?
Fifty years ago, there were primarily only 3 major companies in the US supplying automobiles. Today, with the expansion of global markets there are many companies selling autos in the US market. About how many companies sell autos in the US market? W..
Assume that society changed as well as encouraged both young women as well as young men to consider a wide range of careers.
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