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Post a brief summary of your thoughts on the following question to the discussion board:
As an economy develops and becomes more integrated into the world economy, how do its costs of production change, and how well can they be managed both in the short-run and long-run?
After reading about the Solow growth model, which concludes that continued economic growth requires continual innovation, and Schumpeter’s dynamic growth model, does the combination of these two models provide an adequate model of technological chang..
Consider a market where demand is D: P = 24 – Q and supply is S: P = 2 + Q. 1. Equilibrium quantity Qe is a. 10 b. 11 c. 12 d. 13 2. Equilibrium price Pe is a. $11 b. $12 c. $13 d. $14 3. Consumer surplus CS is a. $50 b. $55 c. $60 d. $60.5 4. Produc..
There are 1,000 individuals in the city of Lincoln wishing to sell their used cars. The value of a car, V, ranges between $0 and $3000. The distribution of values is such that the number of used cars is worth less than $V is V/3. The true value of th..
Please explain this article about a paragraph. And give me any discussion questions related to this article.
Discuss the factors that affect the aggregate supply (shift the aggregate supply curve) and the factors that affect the aggregate demand (shift the aggregate de
"The implications of transportation costs do not change the factor endowment conclusions about the composition of trade although the amount of trade and special
Assume that a population is normally distributed with a mean of 100 and a standard deviation of 15.
For each of the following shocks, describe how monetary policymakers would respond (if at all) to stabilize economic activity. Assume the economy starts at a long-run equilibrium.
Do you find the most important aspect of our economy that needs to be fixed is the budget deficit?
And what they are designed to do, the impact of the exceptions, and whether you think they are successful in preventing unethical behavior.
Suppose that there are two firms competing in the market for taxi services. Big Ben Taxis has the marginal cost MCB = $9 per trip, and the fixed cost FCB = $3,000,000. While Whitehall Taxis has the marginal cost MCW = $15 per trip, and the fixed cost..
In addition to reviewing all the course materials, you should view the movie Inside Job, which is a look at corporate accountability regarding the ongoing international financial crisis. Incorporating facts and ideas presented in the course, includin..
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