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Adverse possession is a means for a person to obtain your property if they meet all of the elements. Should a squatter get your land? Why or why not? What is the statutory length of time in your state that the squatter needs to "possess" your land in order to take ownership of it? Is this amount of time long enough, too short, etc? Why?
Explain and illustrate using the graph of the labour market and the production function the effect of decrease in labour productivity on potential GDP, the quantity of labour, and the real wage rate.
B3 Oraganization is a manufacturing firm that uses job order costing. The company applies overhead to jobs using a predetermined overhead rate based on machine-hours.
Describe the Soviet Rapid Development Model
What is a government budget deficit How does a federal budget deficit affect the economy How does it affect the level of investment and interest rates How does it affect the individual consumer
Explain why does the US steel industry want a tariff on imported steel. Show the US steel market with and without a tariff, showing graphically why they will like a tariff.
Suppose that the wage of an individual increases. Using a One period model of household production, explain the effect this would have on the full price of household produced commodities and the effect on the households supply of worktime.
Sunrise Surf Corporation is considering to create 35 surfboards in a month if it can sell each board for $400. If it can receive $700 for each board, the company is willing to create 75 surfboards.
The industry financial performance had not be ideal last year and Jackson feared that taking this action would cause the financial statements to be even worse.
The "club" makes it difficult for a car thief to take your car. Lojack makes it easier for the police to catch the car thief who has stolen it.which one conveys a positive externality.
Discuss the impact on wages, employment in the industry, and the economic welfare of the following input market structures. In which case will the deadweight loss be the smallest?
One important aspect of modern finance that separates it from past eras is the pervasiveness and power of central banks. Central banks play a vital role in ensuring the stability and efficiency of banking systems as well as influencing interest ra..
In 2008 and 2009, the U.S. economy experienced a severe downturn in economic activity due to the financial crisis. Relative to the price decline of the housing market, what are two repercussions that caused a sizable fall in aggregate demand?
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