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According to Marx, is there a tendency for the rate of profit to fall? On what assumptions is this argument based? What are the counteracting forces that may forestall such a fall? What is the “internal contradiction” of “the law of the tendency of the rate of profit to fall” and what is its significance? What is the nature of crises associated with the falling rate of profit? What are “realization crises”? How do crises associated with the falling rate of profit differ from realization crises?
A parent has a pile of toys to divide between two children. Assume that there is an even number of each toy. What method of dividing the toys ensures that the final division is efficient? Divide the pile arbitrarily, and then let the children trade t..
Cooperation between the two prisoners in the prisoners’ dilemma game is difficult to maintain, because. Assuming competitive markets, a worker’s contribution to revenue is given by the. The business-stealing externality associated with monopolistic c..
q. client 2 is in the express small package industry. limit your recommendation and supporting analysis to 250 words
Tom earns $15 per hour for up to 40 hours of work each week. He is paid $30 per hour for every hour in excess of 40. Tom faces a 20% tax rate and pays $4 per hour in child care expenses for each hour he works. Tom receives $80 in child support paymen..
From the perspective of normative economics, what differences does it make whether able-bodied citizens are compelled to work on the bridge or whether a workforce is recruited through a normal process of making job offers to applicants and relying..
Think of ways in which the Government is actively involved with the purpose of changing the economy. Why does the Government use these tools of fiscal policy? What are the hoped for results? Do you agree the Government should be involved? Why or why ..
If Jerry Schuster changed the name of the business but still used the tools and equipment he inherited from his father, how would that impact your analysis of this case?
A country has only two inputs K and L and produces two goods X & Y. It is endowed with 30 units of L and 15 units of K. Industry X is endowed with 25 units of L and 5 units of K and industry Y has the rest of L and K. This is an inefficient allocatio..
q1. arc-bot technologies manufacturers of six-axis electric servo-driven robots has experienced the cash flows blow in
If the market demand curve is Q = 100-p, what is the market price elasticity of demand? If the supply curve of individual firm is q = p and there are 50 identical firms in the market, draw the residual demand facing any one firm. What is the residual..
Using a required reserve ratio of 10% and assuming that banks keep no excess reserves, what is the value of government securities the Fed must purchase if it wants to increase the money supply by $2 million?
How is the fact that more low-income families are sending daughters, rather than sons, to college likely affecting the female income gap in the future? Why do you think economists argue that the female wage gap will not entirely disappear unless wome..
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