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The rapid growth of the national debt alarmed some politicians and created pressure for restricting Congress's unlimited ability to spend. After reviewing Chapter 10, Section 10.2: Efforts to Reduce the Deficit, discuss the actions taken by Congress since 1985 to reduce the budget deficits.
Use scholarly sources to support the current debate between the White House and Congress regarding what measures are necessary to address spending and revenues (e.g., news reports, official statements, press conferences, as well as numerous government websites).
Write a two- to three-page paper (not including title and reference pages), using at least three scholarly sources, not including the textbook, and must be formatted according to APA style as outlined in your approved style guide.
A fundamental characteristic of oligopolies is the tendency for them to follow price leadership and to act in harmony in the setting of prices, while monopolistic competitors will find it possible to earn only normal profits in the long run
Draw a graph showing the optimal size of the park and briefly explain why a park of 2 acres is not optimal
Compute the industry price necessary for firm to supply 10,000, 20,000, and 30,000 pounds. Compute the quantity supplied by the firm at industry prices of $1.50, $2.50, and $3.50 per pound.
Calculate the profit-maximizing price/output combination for oil and gas under current conditions.
The graph shows a typical competitive market in equilibrium. Private costs and benefits are reflected in the supply and demand curves labeled D and S, respectively. The price is $50 and 40 units are sold each period. To illustrate the effects of an e..
Conduct a VRIO analysis of a successful firm or organization relative to one of its rivals. Contrast the value, rarity, imitability, and organizational aspects of its tangible and intangible resources and capabilities to those of its rival.
Derive the Marshallian demand functions and the indirect utility function - derive the expenditure function from it and then derive the Hicksian demand function.
Changes in real GDP serve as a better measure of the health of the economy than GDP because real GDP measures:
The learning effect is one form of: a)diversification b) creating value through increasing transactions costs c) creating value through stabilizing transactions costs, d) creating value through decreasing transactions costs
Firm A makes and sells electric cars. The total cost is the sum of the costs of frames, assembly, engines including batteries.
because diversification is a desirable strategy for avoiding risk it never makes sense for a bank to specialize in
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