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What can cause the deterioration of a society's production possibilities?
Why is it rare to have declining production possibilities in the long run?
Suppose there are 8 firms located equidistantly around a circle whose circumference is equal to 1. There are 400 consumers distributed uniformly around the circle. Each consumer gets utility U = 3.5 from buying a unit of the good from a firm which se..
Suppose that the home country is relatively abundant in low-skilled workers and the foreign country is relatively abundant in high skilled workers. What good does the home country have a comparative advantage in producing? Explain.
Suppose that a security costs $1,500 today. A. Calculate the percentage return on the Security if the payoff to the security in one Year is $1,000, $1,500, $2,000, or $2,500
Why is a trade deficit frequently not as problematic as many people assume it to be?
Notice on the spreadsheet, the amount of capital in the spreadsheet stays constant at 4 while the amount of labor varies from 0 to 30. Choose all that are correct. The constant amount of capital denotes that the spreadsheet represents short term prod..
On top of rising energy prices, a severe drought, bad harvests, and a poor monsoon season in Asia have sent grain prices soaring. Glbally, this is the third major food price stock in five yeares. Source:The Telegraph, August 29, 2012
According to an Australian Government report, retail trade is the second largest employing industry in Australia with more than 1.2 million workers
Gillian Dempsey presents an alternative perspective on Intellectual Property (IP) policy in her article Revisiting Intellectual Property Policy
a. Assume that the interest rate is 5%. What is the price of the bond? (Please show me work) b. Now suppose that the interest rate falls to 2%. What is the price of the bond? (Please show me work)
Demand Analysis. KRDY-FM is contemplating a T-shirt advertising promotion. Monthly sales data from T-shirt shops marketing the "Listen to KRDY-FM" design indicate that: Q = 15,000 - 800P where Q is T-shirt sales and P is price.
Explain how your proposed steps will affect money supply, interest rates, inflation rate, aggregate demand, and output. Provide support for your response.
She can take work at that pay rate whenever she wants. What is Shonda's opportunity cost of going to the show?
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