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What is the difference between contractionary and expansionary fiscal policies? Which is more appropriate today? Explain your answer. How might contractionary and expansionary fiscal policies affect your organization?
A firm, which is the only supplier of a good located in a particular town, is accused of engaging in anticompetitive tactics in order to protect its monopoly position in that town. As part of its defense, the firm has argued that the geographic an..
What must and entrepreneur do to earn a profit? (2) How do the actions of firms earning profits influence the value of resources? (3) What happens to the value of reseources when losses are present?
Illustrate economic evidence is required to determine whether there are long-run increasing returns to scale in banking.
Assume that the economic news is not good and businesses become pessimistic about the future. How would this change in attitude affect the investment demand curve and the impact on real GDP.
In an expansionary fiscal policy to overcome current recession, the Federal Government increases its expending to improve the nation's physical infrastructure
Answer whether the following statements are true or false, explaining your answer in each case.
A company is trying to provide goods and services to customers in a balanced customer benefit package CPB. Do you see any conflicts in a goods-producing versus service-providing way of thinking
Suppose that the natural rate of unemployment in a particular year is 5 percent and the actual rate of unemployment is 9 percent. Use Okun's law to determine the size of the GDP gap in percentage-point terms. If the potential GDP is $500 billion i..
Suppose that aggregate price level is constant, interest rate is fixed, and there are no taxes on foreign trade, how much will the aggregate demand curve shift and in what direction if the following events occur?
How many units can be produced if a country uses all of its resources on health care and what is the opportunity cost of producing 5 more units of education?
What are some of the positive externalities of education? Why may higher education offer fewer positive externalities than primary or secondary education?
Explain what would happen to the demand for Motorola picture phones if the price of digital cameras rose
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