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Media aggregators are utilized to bring together mass volumes of news together in one piece for consumers. With the continued advent of new technologies, the Internet has become ripe with various aggregators.
What are the potential advantages of utilizing an aggregator to retrieve your news? Disadvantages?
What is happening to the US trade balance in each of the following situations? Explain. a. Lower international trade barriers for imported products in the US b. Prices in the US decreases more than prices abroad c. Economic improvement starts in Cana..
They are all highly populated areas with target markets suitable for your products. One factor is which there several formidable competitors in all of the areas
In a single year, the Netherlands can raise 100 tons of beef or produce 1,000 boxes of tulips. In the same growing season, Belgium can raise 50 tons of beef or produce 750 boxes of tulips.
What is the Law of Diminishing Returns. Discuss a company's two short run options: 1. stay open or 2. shut down.
Explain how changes in prices result in a downwards sloping demand. Explain how changes in prices result in an upward sloping supply. What will happen when consumer demand equals producer supply?
Illustrate what is payback period method of investment. Explain how it can be applied to choose among investment project.
?In which of the following situations is a budget surplus most likely to occur? The government of Crossland wants to influence its exchange rate. It will do so by buying and selling:
The political business cycle refers to the fact that about every four years some politician advocates greater government control of the Fed.
If one person consumes a public good:
Jim sees commuting by bus and T as perfect substitutes (U = T + B), that is, he would exchange one commute by bus for one commute by T. The price of a bus ticket is $1.50 and the price of a T ticket is $2.00. Jim has $6.00 to spend on commuting. (a) ..
One of basic economic laws is ‘law of one price.' It says that provided certain assumptions one would expect that if free trade is allowed, illustrate what three of those assumptions likely are.
Explain the tools used to pursue expansionary and contractionary fiscal policy. During which phases of the business cycle would each be appropriate? b) Explain what is meant by a built-in stabilizer and give two examples.
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