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For this assignment you are to write 4 pages (not including title page, references etc.) report in APA format on how economic incentives can be used to maximize increases in long term aggregate supply. In doing this you need to look at how the determinants of aggregate supply - such as levels of technology and productivity - can be raised. You should write for an audience with broad general experience who know little about aggregate supply and need clear, well informed explanations. Along with describing how supply can be increased, explain what they benefits will be.
?The law of demand states that quantity demanded of a good is inversely related to the price of that good. Therefore, as the price of a good goes:
Globalisation of the world economy has significantly improved our living standards. Do you support the idea of globalising the Australian economy? Why. Why not? In writing your answer, wherever possible, back up your arguments with the theory, resear..
What would the lending capacity of the banking system be after such a portfolio switch?
Consider the following game. You roll a six – sided die and each time you roll a 6, you get $30. For all other outcomes you pay $6. What is the expected value of the game?
Imagine the following goal of Lenin/Stalin at the beginning of the Soviet regime in Russia: to overtake (i.e. equal) and surpass the world’s industrialized economies in terms of GDP per capita. At what average annual rate will income per capita in th..
On Juan's 26th birthday, he invested $6,500 in a retirement account. Each year thereafter, he deposited 7% more than the previous deposit. The account paid annual compound interest of 6%. How much was in the account immediately after his 35th deposit..
The bar exam for lawyers is written by practicing lawyers. Why might having practicing lawyers write the exam limit the entry of new lawyers into the profession? Why might they want to limit entry?
Compute the price of a $ 8,818 par value, 12 percent coupon consol, or perpetual bond (i.e., coupon interest payment is a perpetuity), assuming that the yield.
Identify also converse at least two arguments which support trade restrictions also two Once modest trade restrictions.
According to our discussion of Uber in class, which of the following best describes the evidence of the impact of the surge-pricing strategy?
Explain how continued subsidies for athletic departments at most universities (even the most successful) illustrates these competitive pressures.
A firm has a production function, q=AL^a K^(1-a), where 0
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