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In the mid-1970s no one had a personal computer at home. Today many people do. Using demand and supply curves show the market for personal computers in the mid-1970s and today. Explain the difference between then and now. How are opportunity cost and scarcity related?
a. sketch the aggregate demand short-run aggregate supply and long-run aggregate supply of an economy in long-run
How does an increase in an excise tax on cars affect the supply of cars. more cars will be made or fewer cars will be made or else.
A.Based on the National Accounts, what policies would you implement to eliminate a NX
a firm is a monopoly with demand and cost functions given by p 200 - 2q and cq 2000 3q2 respectively. show your
After viewing the videos included in this week's multimedia resources, reflect on the challenges facing the U.S. labor force due to outsourcing of jobs overseas. Discuss the effect of outsourcing of production on GDP.
Choose one of the stages of a criminal trial and in your own words describe the stage, noting its sequence in relation to other stages, the purpose of the stage, and any challenges.
1. why do economists diagree about the likelihood of a hard-landing?2. why are countries that hold large dollar
Does this production function exhibit constant returns to scale? Write down the production function in per
the real exchange rate is the nominal exchange rate, defined as foreign currency per dollar, times 1. US prices minus foreign prices 2.prices in the US divided by foreign prices 3.foreign prices divided by US prices 4.none of the above
Why is representative money more useful than commodity money. representative money has value because the government says it does or else.
you are the manager of a firm that has an exclusive license to produce your product. the inverse market demand curve is
develop a list of the advantages of living in a capitalist society. then develop lists headed what are the
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