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Name two government policy actions which caused, or made worse, the Great Depression; and one that caused, or made worse, the Great Recession. (You can be brief)
Comparing the different models of pure (perfect) competition and oligopoly, what will be the effects or difference between the two in relation to efficiency of scarce resources
Explain how much is spent on bus rides. What is consumer surplus in dollars at this equilibrium. How much is the total benefit in dollars from bus rides.
Which nation has the absolute advantage in the production of tanks. Why is it this country.
How does the 2016 Election affect the overall economy? What does the government need to do to rectify this problem? How long before another economic crash occurs if the problem persist? What is your personal assessment of the top?
Illustrate what are institutional arrangements. Why are they considered important fundamental determinants of economic growth and development.
Describe how you would invest your money and provide the rationale behind your chosen investments. Be sure to support your statements with arguments and examples.
Summarize the gains from trade in the Theory of Comparative Advantage
Prepare a two page double spaced essay on the concept of maximization and the assumption associated with the behavior of the economic man.
Define the union wage gain and the union wage gap. Why should we care about the magnitude of the union wage gain? Why should we care about the magnitude of the union wage gap? Under what conditions will the union wage gap provide a reasonable est..
The ending benifit if any should be realized in CAD. How can he complete interest arbitrage. What will be his profit.
A new widget, with a service life of four years, would save $50,000. in production costs each year. Using a 12.00% nominal annual interest rate, determine the highest price that could be justified for the widget, i.e., determine the present valu..
If the fed does not respond to this event what will happen to the price level?
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