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A diminishing marginal rate of substitution implies that indifference curves are
A. straight lines.
B. concave.
C. positively sloped.
D. convex.
In which directions are they pushing or pulling the U.S. economy? Also, do you think the gap between real GDP and potential GDP will widen or narrow?
At the moment, the market is completely ignoring things like record US trade deficits and the widening current account deficit. It is also largely ignoring the possibility of Federal Reserve rate cuts. Traders and investors are instead focusing only ..
q.in a competitive market there are two groups of firms. in group a for each firm the long-run atc curve is u-shaped
Use the market relates to vertically integrate as:
A few years ago, a construction manager earning $70,000/ year working for a regional home builder decided to open his own home building company.
In the case of a deadweight loss, marginal cost exceeds marginal revenue. Deadweight loss would be eliminated if price and marginal cost are equal.
Using AD/AS analysis shows graphically the difference in how an economy initially in general equilibrium would respond to a negative AD shock due to central-bank action (i.e. a change in inflation target) assuming (i) adaptive expectations or (ii) a ..
q. in recent years many plants have closed forcing thousands of employees out of their jobs as well as into new ones.
Which segment of the population is one of the wealthiest in the U.S.?
q.which of the government policies below is not likely to encourage per capita economic growth?in the latter end of
what happened to real output? by how much would the price index have had to rise for real income to remain constant?
A major problem for the implementation of privatization during the early years of transition in the formerly planned socialist economic systems has been
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