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Review the GDP data for the last few years from Bureau of Economic Analysis's Website and give a brief summary of the GDP trends over that timeframe and discuss 2or3 events which may have caused these trends.
Other than economies of scale, Illustrate what would you consider to be barriers to entry into a market. Are these barriers the same for all market structures.
Illustrate what can you infer from this data about the rate of labor productivity growth in the US economy during this period.
Explain who would the main beneficiaries be of tying Social Security
Aztec depends heavily on advertising to sell its products. Management at Aztec is allowed to spend $2 million monthly on advertising-What is Aztec's elasticity of demand for advertising?
Do such technological advances contradict the law of diminishing marginal returns
Explain how do the relationships between Congress think about both houses also the American people function today.
Assume x and y are the only two goods a person consumes. If after a rise in p x , the quantity demanded of y decreases, one could say
A monopolist can not hire fewer employee and pay a lower wage than a firm in a competitive labor market.
Describe whether each of the following would cause a shift of the aggregate demand curve, the aggregate supply curve, neither, or both.
Explain how does classical economics elucidate its confidence in the ability of natural forces to return the economy to its potential level of real GDP?
Problem - Income Elasticity of Demand, Interpret the following Income Elasticities of Demand (YED) values for the following and state if the good is normal or inferior; YED= +0.5 and YED= -2.5
Elucidate the effectiveness of these staffing practices and selection tools in meeting current and future employment needs of the organization.
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