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Q. Electoral College system take a country named know land that has. Suppose there are 9 small states in know land where each have 1 million people in. For minimalism, we will say so as to these ten states each has a population of 1. There is also one big state in know land that has a population of 6 (million).
Suppose the states with a population of 1 get a total of 2 votes in Electoral College and the bigger state gets 7 votes in Electoral College. So there are a total of 25 electoral votes to be won. A candidate needs to get 13 electoral votes to win the election.
Illustrate what are some of the damaging effects deflation has on an economy. Elucidate what would be a monetary policy prescription to reduce or eliminate deflation.
Illustrate what is price should Big Steel set to maximize its profits. Explain how much steel will Big Steel sell? How much will its competitors sell.
(The Long-Run Industry Supply Curve) A normal good is being produced in a constant-cost, perfectly competitive industry. Initially, each firm is in long-run equilibrium
Also identify and discuss the flows that are created when Government enters the circular flow.
What is the expected rate of depreciation in the Korean won relative to the Japanese yen
Explain how the economy can adjust in the long run to restore full-employment equilibrium. Draw a graph to illustrate this adjustment process.
Explain why do national income accountants compare the marker value of the total outputs in various years rather than actual physical volumes of production.
Brinley puts on an art show in a public space asking for donations base on how much people enjoy his work.
No one can predict a natural disaster or world crisis. When a hurricane or flood or a pandemic strikes a country, who is most likely to respond first? Which economic system is the best solution to handling a crisis of epic proportion?
Analyze the accounting equation as a concept that underpins the work of professional accountants and how an understanding of the equation can impact business decision making.
The company believes that the tractor units can be sold at the end of five years of use for 25% of the original purchase price. What is the maximum purchase price the company can pay for the tractor if it's after tax MARR is 12% per year?
If one yr later the marketplace interest rate increases by 5% also they sell the bond, this rate of return on this investment is.
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