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What is natural capital? Describe why you think this concept is missing from the current way that economics is discussed in the media.
What characteristics do you generally see with firms in a perfectly competitive market? When will new firms enter the market under perfect competition? When will they choose to exit?
With all of the government regulations and anti-trust laws, are there really any monopolies or are they non-existent? Give an example if you think there are some cases of monopolistic type behavior in our markets.
Illustrate what recieves goverment subsides that are in place to protect the population rather than for economic reasons.
Illustrate what does the difference in the relative black-white wage ratios across regions indicate that Southern employers discriminated more than Northern employers.
If the firm's MARR is increased to 25%, what would be the required savings in leasing so that the project would remain profitable.
Illustrate what does a contraction Gap imply about the actual rate of unemployment relative to the natural rate
Households deposit $5,000 in currency into the bank that is added to reserves. Illustrate what level of excess reserves does the bank now have.
What does Friedman mean when he says the Earth is becomming "hot, flat, and crowded?" Describe three of the key problems that Friedman identifies in the book and explin why they re important.
Considers the choices of Native Americans who decide to stay on their tribe native land or reservation also those who select to relocate to a city.
How might you construct a measure of the change in the price level. Illustrate what additional information might you need to construct your measure.
Use indifference analysis to demonstrate the income, substitution also the total effects if good X is a non-Griffin inferior one.
If you were a supplier to the furniture producer, would have chosen to see the analysis performed in physical sales units rather than dollars of revenue.
Elucidate how has the number of payroll jobs changed over the last 3 months and over last year in Antigua and Barbuda.
What is the average fixed cost of producing 4 units of output and What is the marginal cost of producing the third unit of output.
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