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In the long run, all thing equal, a decrease in the government deficit is likely to
a. have no impact
b. increase economic growth because more investment expenditure can be financed
c. decrease economic growth because less investment expenditure can be financed
d. reduce inflection and therefore increase potential GDP
What features of the product cycle theory are at variance with the assumptions of the Heckscher-Ohlin model? Explain.
A profit-maximizing monopolist named Edd faces a demand function given by q = 1000 - 20p, where p is the price of his output in dollars. He has a constant marginal cost of 20 dollars per unit of output. In an effort to induce Edd to increase his outp..
q1. given the choice between a1000 p 1.0 and b1200 p0.90 kathy prefers gamble a. does this mean she is risk averse?
Describe the types of economic development programs that are being conducted in your community. Analyze the actors involved in the economic development programs.
Suppose the US government requires firms to provide Workers Compensation Insurance Coverage for its employees. How does this mandate affect labor market outcomes (employment and wages) when workers’ valuation of Workers
You know from data collected on the Widget Market that market demand and market supply have both increased recently. As manager of the facility, what decisions should you make regarding production levels and pricing for your Widget facility?
what is the profit-maximizing price of e-books relating to do-it-yourself topics? At the profit-maximizing quantity, what is the average total cost of producing e-books?
Use “John Maynard Keynes – capitalism faces its challenge,” in Big Three in Economics by Skousen as your resource to answer the following questions: What was the economic context in which Keynes was writing? How did that affect his economic views? Wh..
q.a local pet store roscoes rascals elucidate which among them has concerted on selling puppies is considering adding a
Consider the production function Q = 20K1/2L1/2. The firm operates in the short run with 16 units of capital.f. If the firm produces 160 units, determine the units of labor that are employed, the average product of labor, the marginal product of labo..
What do you believe makes us human?
How can a company use licensing agreements to enter world markets? What two fundamental product strategies do companies choose between when selling their products in the global marketplace?
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