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Use the distinction between the charasteristics of private and public goods to determine whether the following should be produced through the market system or provided by the government, explain your answer
1. french fries
2. airport screening
3. court systems
4. mail delivery
5. medical care
factor for long run trend of term of trade
Do neoclassical economists view prices and wages as stickly or flexible
Determine Velocity Approach to Money Demand. The Velocity Approach to Money Demand: The velocity of money: V = (P × Y)/ M The real quantity of money demanded is pr
compare and contrast the monetarism economics and the keynesian economics
One unit of A is made up of one unit of B and one unit of C. B is made of three units of D and one unit if F. C is composed of three units of B, one unit of D, and four units of E.
Once we have monthly data on a price index we can evaluate the inflation. In most nations, the percentage change in price index during one month is small. Hence it is more common t
Illustrate the circular flow of income and expenditure according to their models ( classical and keynesian)
Determine in detail about money supply of Central bank The central bank will not pay cash when it buys government securities. Instead, it will ask the seller's bank to credit t
You need to choose between two replacement compressor options. One costs $6400 and is 70% efficient. The other costs $9800 and is 85% efficient. Both have an average life of 8 year
what are the advantages and disadvantages of unemployment
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