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1. What's the difference between real GDP and real GDP per capita? Which one is more important? Why?
2. What are your thoughts on the Affordable Care Act (normally referred to as Obamacare), and its impact on unemployment/employment and economic growth?
3. How reliable are 'Okun's Law' calculations?
4. Does 'pure' GDP data give us an indication of living standards?
At what level of output are total profit maximized. Illustrate what price will be charged.
What are the equilibrium price and quantity for this monopolist if it charges a single price to everyone? How much profit does the firm make? Show on the graph whether this market is operating efficiently. Calculate the dead weight loss. Calculate th..
The demand for Dunkin Donuts glazed doughnuts will change by Illustrate what percentage also in Illustrate what direction.
In the long-run, if prices of all resources remain unchanged, when a firm doubles all resources the quantity of output more than doubles, the firm is experiences. The term fiscal policy refers to
Illustrate what role did the policies of various governments play in the influencing the international expansion strategies of both McDonald's and Wal-Mart.
The demand function for a firm’s product is Q(P) = 50!P/10. The firm’s cost of production is-For this part only, change the demand function by assuming that demand (at any given price) is half of what it was before. In this new situation, calculate t..
What is approximately maximum amount rm is willing to pay to be allowed to use e more units of input x, for e small.
What is the present worth of $500.00 in month 1, $510.00 in month 2, and amounts increasing by $10 per month through month 36, if the intrest rate is 15% per year compounded continuously?
the achievement of which will not selectively also materially benefit the membership or the activities of the organization" are called.
Euro zone as a monetary union, takes the most extreme form of a fixed exchange rate. Explain the cost associate with the monetary union and why may it be a bad idea for Europe?
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.
You have the option to purchase a Robotic Surgery Machine to perform the surgical operations. The machine has a cost of 1,500,000 dollars, but the Medicare payment for a surgical operation using the Robotic Surgery Machine is 2,500 dollars and a surg..
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