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Pathologies endemic to the Soviet bureaucracy included secrecy, formalism, cumbersome procedures, rigidity, and the tendency to concentrate on control rather than performance. The party controlled the state by using the _________, the power to recommend and approve managers in administration and enterprises, of appointments and promotions to control access to government positions.
a. Gosplan.
b. Gosagroprom.
c. nomenklatura system.
d. parastatals.
Find (algebraically) the points where the MC function intercepts the AVC and the ATC functions. (Hint: at one interception point MC = AVC and at the other MC = ATC)
Administrative work: Exactly 2 workers are necessary to perform the administrative work for the business to operate. The administrative workers do not generate revenue.
Depends on your discussion, what is the most critical element(determinant) when considering the determinants of supply. In other words, what determinant has the greatest influence on the economy.
An investor purchased 100 shares of Omega common stock at $100 a share plus $20 commission. He held the stock for nine years. For the first four years he received annual end-of-year dividends of $4 per share. For the next five years he received an..
Determine how you can improve skills in the four general topics that you selected. Point out the areas within each of the skills sets you have named in which you are strong and those in which you could improve.
Describe when and why central banks buy either their own currency or the currency of another nation in an effort to control exchange rates.
Suppose that a business has developed a very high-quality product and operates more efficiently in producing that product than any other potential competitor.
In August 2002, preliminary information showed that payroll employment increase 39,000, household employment increase 429,000, and the unemployment rate fell from 5.9 percent to 5.7 percent.
The question asked that assume that the aggregate demand curve.
Vulnerability Analysis
Characterize the long run equilibrium of a perfectly competitive industry in which average costs are U-shaped as output increases, under both restricted and free entry.
If there is no currency drain and all funds loaned out by this bank are deposited back in this bank, what are the bank's excess reserves, if any, after the new deposit has been made and how much new loan this bank might be able to create.
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