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Rumors and discussions lead me to believe that the fed will increase interest rates early this fall. I've also heard and read that we NEED to increase our rates now to be prepared for the next economic down-turn. What does this all mean? How will this affect you? Who will this benefit? Who will this hurt?
Your savings account was earning 3% interest. What are explicit and implicit costs of your decision. What is total opportunity cost this year of starting shop.
Illustrate what happens to the marginal product of each individual factor as that factor is increased, and the other factor is held constant.
Do injured parties acting ethically when y promise to keep quiet know Illustrate what can happen to hundreds of unsuspecting consumers.
After allowing for sleep and personal care, she has 70 free hours each week and must split these hours between work to earn money.
Explain how much change in the number of units sold can the company afford and still be no worse off.
Fiscal policies can work only if private enterprises respond to them in certain way; if they respond in other ways, the policies fail. Explain and give examples.
Which of the following is NOT an incentive scheme to ensure that workers do a good job?
A fungus destroys 25% of the banana crop in Central America and the number of immigrant workers who pick apples increases. What happens to the supply or demand for apples?
during the winter of 1973-74 a general system of wage and price controls including a price ceiling on gasoline was in
Create a table showing total production for the two countries with no trade. Create a table that assumes total specialization. What is the effect on total production? What are the two extreme (relative) prices that are possible for trade in this situ..
Assume a $6 excise tax is imposed on the good. Conclude the new equilibrium cost also quantity.
"Looking ahead to next year, the future looks very bleak indeed." The speaker was Sonia Rice, president of Consumer Goods, Inc. "Revenues are projected to be down by 7.3% and our costs (especially fuel and raw materials) are increasing monthly. What ..
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