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Q1. Explain why is dispute among international dependency and the neoclassical counter-revolution schools referred to as "finger pointing?"
Q2. "The stuffed of the housing bubble and the Panic of 2008 reason both businesses as well as households to cut back on their spending in two ways. First, the financial market disruptions made it difficult for businesses to borrow funds for investment spending and for consumers to borrow funds for purchasing housing and motor vehicles. Second, the financial crisis increased the level of uncertainty about the future, which led to a reduction in autonomous spending, or spending independent of output." Source: Robert H. Frank, Ben S. Bernanke, Louis D. Johnston, and Nils Olekalns, (2010) Economy update 2010, Sydney: McGraw-Hill.
What is the external cost per unit of output?b. What level of output will be produced?c. What level of output should be produced to achieve economic efficiency?
How much Wyandotte have to decrease the price of polyol to attain a 15% increase in the quantity sold.
q.lets say that you own a restaurant with 3 employees and you are trying to decide between two different production
q.assume you are a typical consumer and expect to work for 40 years from this point onward and to live for 10 years
Find the equilibrium values of the real interest rate, consumption, investment, and the price level.
Outline any two reasons, why the marginal revenue product differs between workers in different jobs.
Explain how can each of the 10 principles be applied in an example or expeerience with which you are familiar.
Which component of GDP is the most stable. Look for the smallest change from the year with the smallest contribution to GDP to the year with the largest contribution.
Elucidate the value of a trucker's life disguised by compensating discrepancy among the two firms.
Illustrate the effect on the marketplace for a hr. of babysitting services 30 yrs into the future when children born today.
If you are near graduation and plan to start your new job in 3 weeks, how does the Bureau of labor statistics classify you? Unemployed, employed or notin labor force.
Determine also show how much these firms will sell and what they will charge.
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