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Q. Suppose the growth rate of employment is positive but labor productivity remains unchanged. What will happen to real GDP?
Q. Suppose life is discovered on Mars and that it turns out to be quite sophisticated. In fact, perfect competition prevails everywhere on the planet. Which of the following characteristics of Martian firms are we likely to observe?
If the government purchases also taxes are both increased by $100 billion simultaneously illustrate what will the effect be on equilibrium output.
Assume that a Swiss watchmaker imports watch components from Sweden and exports watches to the United States. Illustrate what is the relationship among disposable income and consumption expenditure.
Given the difficulties which the regulation of public utilities faces that would it not is better to nationalize public utilities as several European countries have done.
Illustrate which of the following is an example of the legal-regulatory environment surrounding advertising also promotional activities of businesses.
Is the product considered elastic, inelastic or unitary elastic. In a few sentences Illustrate what effect does the present supply also present Demand have on this product.
Elucidate how much the money supply will increase in response to a new cash deposit of $500 by completing the accompanying table.
Illustrate what are the main differences between Lenin's theory of how to bring about socialism and that of Bernstein's
This might be interpreted as an upward shift in the consumption function. How does this shift affect investment also the interest rate.
Suppose the government intends the tax to reduce the consumption of some goods for example, cigarette or chewing gum. Illustrate what will determine the effectiveness of the tax in reducing consumption
What are the advantages and disadvantages of regression models in comparison to using a computerized regression routine.
Elucidate why the equilibria found in part (a) are only short-run equilibria. What will happen in the long run.
The discount rate for the stock is 15% and the rate of return on reinvested earnings is also 15%
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