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suppose a person defects from cuba (a country that generally disregards the use of markets) to the united states and asks to see a market in action. when would you take her? did you give her a complete showing of this market?
In early 2001 investment spending sharply declined in the United States. In the 2 months following the September 11, 2001, attacks on the United States, consumption also declined. Use AD-AS analysis to show the two impacts on real GDP.
United States has absolute advantage over many countries in production of most goods and services. Yet, the country is running the record trade deficit year after year. The current trade deficit is about six percent of the country's GDP. Is it a ..
Let us say that an economy has a consumption function given by C = 900 + 0.9Yd where Yd is the disposable income. There is a lump-sum tax of 90. Investment level is autonomous at 400 and government spending is also constant at 600.
The Corruption Perceptions Index (CPI) is a comparative assessment of a country's integrity performance, along with related academic research on corruption. Provide a description of this index and its ranking.
Explain why is it that increased productivity leads people to take out more loans - which then leads to more growth.
List and describe the fundamental characteristics of a perfectly competitive market. B) Should a competitive firm ever produce when it is earning negative economics profit Explain why or why not.
Total spending in the economy is equal to consumption plus investment plus government spending plus net exports. If household want to save and thus do not use all their income for consumption, what will happen to total spending
In what ways is the inflation tax a tax, and in what ways is it not a tax and who pays for the inflation tax?
"Too Big to Fail" is title of a book and a movie by HBO. It refers to the bailout of the major financial institutions that began in 2008, and at the time there was concern,
Explain briefly what the covered interest parity (CIP) and uncovered interest parity (UIP) arbitrage conditions are and how they operate as equilibrium conditions for the spot and futures foreign exchange (FX) markets.
Think about the trade off in work and leisure during a given day, and from day to day. During a given day, does opportunity cost of work rise, decline, or remain constant with each additional hour of work?
Illustrate what is the labor variance for the month. Illustrate what is the labor efficiency rate for the month.
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