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If one compares the contemporary U.S. economy with those of Germany and France, it is reasonable to conclude that
a. state ownership of industry in these economies is roughly similar.
b. there is much greater state ownership of industry in the United States than in these European economies.
c. there is much greater state ownership of industry in Europe than in the United States.
d. they are similar in all aspects.
Assume the subsequent data describe o/p in two different yrs. Compute nominal GDP in every yr.
Illustrate what would be the effect of poor weather on the consumer surplus, producer surplus, deadweight loss.
It is likely that supply curves for labor in individual labor markets are upward sloping. For a firm buying factors of production in a perfectly competitive factor market:
Suppose that for a firm that digs ditches for laying cable or pipeline, backhoes and backhoe operators are pure complements in production, being used on a one-for-one basis. Draw the isoquants (on a graph with backhoe, “K”, and backhoe operators, “E”..
Illustrate what real world factors may affect the stability of our banking system also Illustrate what might Americans do to better understand the importance of this banking sector.
The production of any goods or services requires the allocation of resources that otherwise could be used to produce other goods and services, given the available technology.
For an interest rate of 12% and a lifetime of 10 years, which proposal should be selected? Calculate your answer in three ways: Using present worth on incremental investment
Do you think the industry environment is significantly different today explain.
Indentured servitude is no longer legal. An indenture was a contract binding a person to work for another for a given length of time (usually for many years), as an apprentice to a master or an immigrant to service in a colony. Such a relationship wa..
Interpret these results. Is profit per employee much sensitive to industry-specific or firm-specific factors for this sample of giant corporations.
Discuss the types of barriers to entry, and explain whether each type is likely to provide long-term monopoly power. What are the allocative and distributive differences between monopoly and perfect competition? What causes these differences?
Elucidate how many car companies will buy a latest car assembly machine. Interest payments are made once a year.
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