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How does Adam Smith's account of division of labour and exchange challenge the view of exchange in neoclassical economic theory?
For a developing country to grow, it needs capital. The major source of capital in most countries is domestic saving, but the goal of stimulating domestic saving usually is in conflict with government policies aimed at reducing inequality in the d..
You need to acquire an image of a disk on a computer that cannot be removed from the scene and you discover that it is a Linux computer. Write a brief paper of not more than one page, the options for acquiring the image? Specify the hardware and s..
Can you describe the difference between the franchisor and the franchisee? How are these differences strategically aligned to create a competitive advantage?
Calculating the MPC . In one year a consumer income increases by $200 and her consumption increasesby $160. What is the marginal prosperity to consume ?
Because bagels and cream cheese are often eaten together, they are complements. We observe that both the equilibrium price of cream cheese and the equilibrium quantity of bagels have risen.
Consider a bank that receives an initial deposit of $1,000 and loans out the maximum from this that it can. This in turn is deposited into a second bank (which may technically be itself, but that doesn't change anything), which then loans out the ..
It cannot be as the inflation by definition real wages have factored inflation in.
Last year, Pat and Chris occupied separate apartments. Each consumed 400 gallons of hot water monthly.
What is the name for the inflation rate that people forecast and use to set the money wage rate and other money prices? What is the proposition that when the inflation rate changes?
In the movement to downsize government, advocates often recommend turning over some government services to private firms hired by the government. What are the potential benefits and costs of such outsourcing
If fixed costs fall to $18 and, in the short run, the number of firms is fixed (so that neither entry nor exit is possible) and fixed costs are sunk, what is the new short-run market equilibrium? What is the new market equilibrium in the long run?..
What is the maximum amount of good Y that can be purchased if X and Y are the only two goods available for purchase and P x = $5, P y = $10, X = 20, and M = 500?
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