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Q1. It some respects Karl Marx could be thought of as one of the last of the Classical economists. Analyze this statement in terms of your assessment of Marx as economist also as a philosopher.
Q2. The XYZ Company manufactures chairs. It has a production function of Q = 300 L0.75 K0.5. In the short run, if L = 250 also K = 25, Illustrate what happens to the output of chairs if L jumps to 300 also then 350. Illustrate what law does this illustrate?
Explain how would you expect each of the following events to affect the amount they save each month.
Can you share the economic development strategies also quote some examples of Elucidate how Singapore also US use them.
What information would a government needs to increase the probability that its industrial policy would promote long-term self-generated economic growth.
determine the probability that buying the equipment will produce a return less than that of the bank and the probability that buying the equipment will produce a return more than that of the bank.
For an annual market interest rate of %9, calculate the economic life of the machine. Show the results of your calculations on a graph.
q. 1. last year president obama proposed a job creation program that included a payroll tax cut? using economic theory
Real wealth which capitalists pull out of market must somewhere enter market. What is this hidden mechanism.
Which one of the following statements about discretionary fiscal policy is correct? A. Discretionary fiscal policy refers to any change in government spending or taxes that destabilizes the economy. B. Discretionary fiscal policy refers to the change..
Anna spent two thirds of her instance sewing dresses, and the other third of her time doing administrative work. Prepare Balance Sheet for Manning Style.
Textile Workers of America is planning to strike for higher wages. Management predicts that if strike is successful, cost of labour will increase $100 per day. If strike is successful, how would this affect decision in part a to purchase a textile..
Explain why government regulation is or is not needed, citing the major reasons for government involvement in a market economy. Provide support for your explanation.
Assume to fruit-picking can be done by children or adults, but to adults are twice as efficient as children
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