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discuss the different economic theories of Milton Friedman. Why was he important? Has he helped or hurt our economy? If he were alive today, what do you think he would suggest as an economic plan for our economy? Would he agree or disagree with the current policies?
A company produces digital watches on single production line serviced during one daily shift. The total output of watches depends directly on number of labor hours employed on the line.
Compute the cross-price elasticity of demand between goods X and Y at the given prices.
Suppose that this price cut was completely responsible for its raise in revenues from 460 million yen in 1966 to 640 million yen in 1967. Compute the indicated arc elasticity of demand.
Utilizing demand and supply analysis to assist you, what are the effects on the exchange rate between the British pound and the Japanese.
Illustrtae what are the nominal rates of interest for both the United States and the euro area?
Elucidate the importance of competition among firms. Explain whether the competitive environment in this industry benefits society or not.
Illustrate what happened to employment during the rest of 2008. What are some of the alternatives to a tax cut that might have been used.
Elucidate what term do economists utilize to describe this second outcome
Find the equilibrium interest rare and what happens in the FED ( federal Reserve Bank) increases the money supply to $1,200
A woman managing a photocopying establishment for $25,000 each year make a decision to open her own duplicating place. Her revenue during the first year of operation is $120,000, and her expenses are as follows:
Explain who would the main beneficiaries be of tying Social Security
Assume that all states adopt a serious no-fault rule to cover automobile accidents, so that it becomes impossible to sue for damages after an accident.
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