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Even though we recently became a net exporter for gasoline, it appears that for our overall trade with other countries, the U.S. is a net importer and I'm sure, you all know, especially with China, we are huge net importer. Is that good? Which is better - net exporter or net importer?
Describe the Harrod-Domar growth model, and explain precisely how the model illustrates dynamic instability. Why is it often called the “knife’s edge model”?
What would the supply of labor curve which look like over this range of wages.
Transaction cost is:
q.in ua villa 1000 people live on main street that is 10 miles long. every day each of the 1000 people will buy 1 fruit
From the e-Activity, assess how business leaders use managerial economics to make business decisions indicating how profits may be impacted.
________ refers to the additional revenue gained from selling one more unit.
q.review the biographies of each of the seven members of the board of governors. what can you say about the composition
Evaluate how average, total, and marginal costs change as the output of a good or service of your choice increases. Can economies of scale be maintained despite high start-up costs.
q1. illustrate what are the effects of awards paid to heirs of workers judged to have been worked to death in japan on
Johnny has allocated $30 toward coffee and tea and feels that coffee and tea are perfect substitutes. Due to differences in caffeine levels, his MRS of tea for coffee equals 2.
Cutting the corporate income tax can potentially increase the pace of technological change resulting in the aggregate supply curve shifting to the right.
Economists argue about the potential benefits and costs of diversification. For instance, while diversification can certainly help company to promote new products, at the same time through the merger of two firms it can be more expensive to develop c..
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