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“Devoting a larger share of national output to investment would help to restore rapid productivity growth and rising living standards.” Do you agree with this claim? Explain.
Assume that the market for wheat is perfectly competitive, with demand curve P = 5000 ? 0.01QD and a supply curve P = 1+0.1QS. Each identical wheat producer has a total cost curve given by T C = 1+Q+Q2 , which results in marginal cost of MC = 1 + 2Q...
Suppose an economy has an expected inflation rate of 6% and a natural unemployment rate of 7%. If the unemployment rate falls by 1%, then the inflation rate rises by 4%. Draw the Phillips Curve for this economy, being sure to label the intercepts of ..
Explain your definition and the effects of hate speech or indecent content on children (ages 7-17) and on adults (18 +). Discuss your agreement or disagreement with making hate speech a crime
To get going with your business very quickly, you plan to buy an existing business. You expect the business you are buying to have an after tax cash flow $8 million per year for the next 5 years. Your WACC is 10% returns. What is the maximum amount y..
Governments build highways and provide medical care, welfare, border security, schools and education. If the market is such an efficient and beneficial mechanism, why isn’t it universally relied on? Explain
Ajax Electric Light is a nonunion manufacturing company that produces small light components including a type often used in automobiles. Discuss the difficulty of making a fully "rational" decision in the face of incomplete information, unclear crite..
George and John, stranded on an island, use clamshells for money. Last year George caught 300 fish and 5 wild boars. John grew 200 bunches of bananas.
What is MPL, MPK, APL, APK? How much labor and capital would be required to minimize the cost of producing 200 widgets? What is the total cost producing 200 widgets?
XYZ Co. manufactures bicycles. Demand for this year’s model is expected to occur at a constant annual rate of 7200 items. One bicycle costs $245. The holding cost is based on a 11% annual rate, and production setup costs are $340. Use the production ..
q.the market for pizza has the following demand and supply schedules supplied of price quantity and demanded quantity4
Globalization supporters argue that globalization increases wealth and efficiency in both developed and underdeveloped nations. What is this due? to?
you will explain the impact of employment and unemployment in a free market economy. The country of France legislated the maximum length of a workweek. Because Americans tend to work more hours than Europeans, should the US government also legislate ..
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