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The topic is 2007-2008 world financial crisis.
Question:
What were the consequences of the 2007-2008 world financial crisis? Provide detailed explanation
Use the range rule of thumb to estimate the standard deviation. Compare the estimate to actual standard deviation
What is the difference between aggregate demand and aggregate expenditure?
Elucidate what would be the immediate and long run effects on c, k, and y. Explain by drawing the path of these variables. Consider that you impose the new saving rate.
In general terms, efficiency refers to:
Describe the social and economic repercussion of the following inventions: the typewriter, the jet airplane, television, penicillin. Which do you think is greater in each case - the social or the economic impact?
Give an example of how the Principle of Opportunity Cost applies to your life. Think of a recent decision you made. It could be a decision as simple as whether to eat out or cook your own dinner, or it could be a decision to quit your job and go back..
If the price of a haircut is $12, the number of haircuts provided is 100. If the price rises to $18 per haircut, barbers will work much longer hours, and the supply of haircuts will increase to 300.
Suppose that the firm's production technology is given by Y= zF (K,N)= zK^aN^(1-a), where 0
One of the keys to effective management (and economics) is to recognize incentives.
A company is considering a proposed new plant that would increase productive capacity. Which of the following statements is CORRECT?
What difference does it make to the trying arrangement issues if Internet Explorer is a functionally integrated component of Windows? What if it is more like a radio in an automobile than a steering-post interlock device?
What happens to supply, price, and quantity when interest rates are lowered to help spur the economy?
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