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Q1. Are recessions a necessary fact of macroeconomic life? If not, illustrate what would it take to eliminate them? If they are unavoidable, illustrate what types of business can benefit from them?
Q2. It has been said that Marx stood Hegel on his head,. Did Marx do the same to Classical Economics? Evaluate Marx, the various influences on Marxian theory, also the Classical-Marxian links.
Q3. We said that an uncrowned country club golf course has aspects of public good. Why? Is it still a public good if it becomes crowded also people's games are slowed down?
Contrast two or three key economic factors for this country with the United State economy also comment.
By what percentage do the total assets decline by bank. By what percentage does the bank's capital decline. Illustrate which change is larger.
A price floor reduces the amount of a product that consumers buy because it keeps the price above the competitive equilibrium of market.
At present, the original manufacturer is deciding either they should continue production of toy truck.
The terms of trade if the united states trades 1 can of soda for 5 units of clothing.
Then do similar for every of the determinants of supply in Equation 2.2. In every instance, would equilibrium market price increase or decrease.
Assuming that the current production rates are maintained at the three congress plants, that unusual should management select.
Show how each of the following would initially affect a bank's assets and liabilities.
Now suppose Starbucks introduces world to premium blends, and so demand rises substantially.
Suppose that only data on in action were published but not on claims for unemployment. What would be a reaction of the USD/EUR in that case.
What value of y survives as a solution if all firms are competing for high ability workers.
Illustrate what would have been the welfare implications of a ban on oil imports.
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