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What are some countries that have gone through an economic collapse and have resorted to bartering in order to meet their daily life to life needs?
1. Do you think bartering is sustainable?
2. How does it help in the short term? How does it help in the long term?
There is a town in Washington state that's meaning comes from an Indian term meaning good camping. What is the town called?
Compare and contrast the command economy, the capitalist economy, the traditional economy and the mixed economy.
What role do technological advances play in the classical theory of growth? The neoclassical theory? The new theory? Discuss the operational aspects required to maintain a fixed exchange rate. Provide examples and elaborations.
Many products, such as golf clubs, are made with graphite-epoxy resins because it's strong and lightweight. If a new tchnology reduced the cost of producing graphite-exposy, then you'd expect ___ in the graphite epoxy golf club market. What has been ..
Suppose Ernie gives up his job as financial advisor for P.E.T.S., at which he earned $30,000 per year, to open up a store selling spot remover to Dalmatians. He invested $10,000 in the store, which had been in savings earning 5 percent interest. This..
If the marginal utility of the last peanut butter sandwich consumed is 30, then what is the marginal utility of the last orange consumed?
In an era when trust in business is at a premium, and scrutiny from stakeholders is ever wider and more intense
Suppose you win the lottery with a jackpot of $20 million. But that’s $20 million if you wait 20 years to get your payout. What is the value you could get today if the interest rate is 6%?
What are the costs of unemployment and underemployment on the economy? Which of them do you think is a more serious "problem" for the economy?
How does domestic price ratio change. How will country's production pattern change. How will its consumption and trade pattern change. How is welfare affected. Is re a difference to import tariff.
Some countries like Spain engage in expansive monetary policy to stimulate the economy. What was the effect of this policy on the interest rate, the exchange rate and output? Because of this Spain's irresponsible monetary policy, Spain was in risk of..
A monopoly is considering selling several units of a homogeneous product as a single package. A typical consumer’s demand for the product is Qd = 80 – .5P, and the marginal cost of production is $100. a. Determine the optimal number of units to put i..
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