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Give a precise statement on what devaluation of currency means?
The total annual output of the U.S. economy measured at the third quarter of 2010 was $13,278.5 billion. The total number of people employed as of December 2010 was 139,206,000.
Illustrate what were some changes of the demand also supply fconditions that lead to the housing market bubble and collapse
Women have increased the amount of education they have achieved relative to men, and average years of schooling completed are now approximately the same for males and females. Human capital theory predicts that this would close the male-female.
Suppose past year's real GDP was $7,000 billion, this year nominal GDP is $8,820 billion, and GDP deflator for this year is 120. Determine the growth rate of real GDP? Does this demonstrate an improvement in economic welfare?
Illustrate what is the minimum national loss if Canada is a small country that can not affect the world price.
Higher unemployment caused by ression and higher prices have contributed to substantial reduction during 2008 in the number of vehicles on bridges, roads, and in tunnels.
interpret the 4 firm concentration ratio, the 8 firm concentration ratio and the Herfindahl Herschler Index for the industry The industries involved in the merger are: new Scale Inc., Intel Technologies, Pari Networks, they were merged into cisco.
The demand for salt is relatively price inelastic where the demand for pretzels is relatively price elastic. How can you best explain why
Is interest free economics a continuation of interest bearing economics or is it a genuine alternative.
Explain why is an increase in the number of varieties of a good regarded as a gain from trade. Can you think of economic disadvantages associated with greater product variety.
Are unions good or bad for the economy? How do unions at GM and Ford affect employment levels and wages? How do unions affect other industries in terms of employment and wage levels?
Suppose the market for autoworkers is in equilibrium when the automakers purchase capital goods to produce more fuel efficient automobiles and these capital goods are a substitute for workers. What happens in market for autoworkers?
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