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1. Virtually all economists and policy makers agree that, within limits, higher employment is better. If this is true, couldn't the government create more employment by hiring people to dig holes and fill them in again? Is this good economic policy?
2. Under what circumstances will inflation help borrowers at the expense of lenders? Under what circumstances will both parties be unaffected? Which scenario would you expect in the long run?
3. How does the self-correcting mechanism act to pull the economy out of a recession?
4. Create a LOOOOONG 'tweet' type essay to the President elect with your best single idea to create a dynamic and healthy economy in the US.
What is the equilibrium price of books? What is the equilibrium quantity of books sold? When a price floor of $25 is instituted, compare the Quantity Supply and Quantity Demand. What happens when a price floor of $10 is instituted?
What aspects are essential in identifying appropriate members for teams and ensuring the teams are successfully launched? What factors are important to ongoing team dynamics? Describe guidelines to evaluate the function and productivity of teams.
Write down a utility function that represents Britney's preferences over dresses also hats.
If interest rates differ between two countries, it is an indication that the financial markets are not in equilibrium, and that investment flows should be taking place between the two countries. Agree? Disagree? Explain.
Illustrate what is that technology and how does it change the marginal and average product. Please list any sources used.
If a firm is maximizing profit and the marginal revenue product of labor is $10 and the marginal revenue product of capital is $30, then the marginal resource cost of labor is $3, and the marginal resource cost of capital is $3 the marginal resource ..
Consider a Stackelberg competition with one leader and multiple followers. All products are homogeneous. Marginal cost for all firms is zero and all products are homogeneous. If the leader produces a quantity of 6 units how much would each of the oth..
No suppose that the soy industry produces differentiated products and is characterized by EOS and monopolistic competition. Auto industry is still perfectly competitive. what do you mean by the pattern of trade.
disregard the portion of the supply curve that corresponds to prices where there is no output.
q1. when output and employment slowed in early 2008 the bush administration and the democratic congress passed a
Consider a small economy in which consumers buy only two goods pies and tarts. In order to compute the consumer price index for this economy for two or more consecutive years.
People holding money in anticipation that bond yields will rise is an example of
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