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Identify and discuss the key differences between the presidential and parliamentary systems of government. Your answer should include a comparison of electoral processes which brings a party to power, how the executive and his/her cabinet are selected and the checks and balances the legislative branch uses in each system to control the executive branch.
As a result of the United States suspending gold sales to foreign countries in 1968,
Peter Morgan sells pigeon pies from a pushcart in Central Park. Morgan is the only supplier of this delicacy in Central Park. His costs are zero due to the abundant supplies of raw materials available in the park. What level of output will maximize P..
Why might regulatory agencies utilize labor more intensively than private firms? What will happen to the regulatory share of employment if the rate of growth of regulatory employment stays five times higher than overall employment growth?
the number of hours per week supplied to a particular market by three individuals at various wage rates. Compute the total hours per week supplied to the market.
A firm has the production function f(x, y) = x^0.90y^0.80. This firm has
Explain your answer statements be true at the same time. The unemployment rate in Tappania is higher now than it has been in 50 years.
The Keynesians claim interest rates guarantee that savings will equal intended investment. The Keynesians claim that wages and prices are “downward sticky”. In the Keynesian model the velocity of money moves against GDP. Determine the socially effici..
q. macon farms 6 coupon rate semi-annual payment 1000 par value 12 year bonds currently sell at a price of 814.20. if
Do you agree or disagree with the statement that " A mononpolist always charges the highest possible price"? Explain B.) why can’t an individual firm raise it price by reducing output or lower its price to increase sales volume in a purely competitiv..
Discribe the difference in economic profit between a competitive firm and a monopolist in both athe short and long run. Which should take longer to reach the long-run equilibrium?
Price elasticity of demand is 1.5 and a firm raises its price by 20 percent the quantity sold by the firm will ceteris paribus.
Suppose the following table reflects the domestic supply and demand for compact discs (CD’s). Now suppose that foreigners enter the market, offering to sell an unlimited supply of CD’s for $6 apiece. Illustrate and identify.
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