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Economics help: Comparative advantage
As a manager of a financial planning business you have two financial planners.In an hour a person can produce 1 statement or answer 10 calls while another can produce 3 statemnets or answer 12 calls. Does either person has an absolute advantage in producing both products?Should they be self sufficent ( each producing statements and answering phones) or specialize?
There are many factors might change AD and AS, and equilibrium. Please evaluate the effect of following scenario on the AD curve, AS curve, and accordingly the effect on equilibrium price level and equilibrium GDP/output.
Bush proposed for government expenditures in the case of a recessionary gap? What is the effect of his policies on the federal government budget?
Describe the relative impact that every variable has on the demand. What implications do these results have for the firm's marketing and pricing policies.
Describe the effect of such clauses on both the government, and other customers, noting, inter alia, the effect on the selling firmâ.
Elucidate why the Fed must normally add reserves to the banking system via open market operations on most days in order to maintain its interest rate target in the Fed Funds market.
you select to work more hours or fewer when offered a higher hourly salary.
Elucidate several dimensions of the shareholder-principal conflict with manager-agents known as the principal-agent problem.
Consider a firm that has just built a plant, which cost $20,000. Each worker costs $5.00 per hour. Based on this information, fill in the table below:
Two goals of monetary strategy in the United States are price stability and full employment. Explain with the help of the appropriate graphs.
Would your answer change if you thought different German also Japanese policies may facilitate different US policies.
Given the following predictions for nominal wage increases and productivity growth, state your forecast for inflation (assume this is all the information available to make the forecast).
Tables John Walker is a regional sales representative for Jiffy Mowers Inc. and sells lawn mowers to stores in the Tri State area. Construct a table showing Walkers marginal sales per day in each state.
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