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Question: A produces more capital goods and fewer consumer goods than Economy B. Which economy will grow more rapidly? Draw two production possibilities curves, one for Economy A and one for Economy B. Demonstrate graphically how one economy can grow more rapidly than the other.
How do I draw a supply and demand graph? If supply/demand increases or decreases how do I show the change
Compare the costs and benefits of a too-big-to-fail policy? Is more competition in financial markets a good idea? Would restrictions on competition be a better idea? Why or why not? What does "well capitalized" mean? How is it calculated?
Managerial decisions are affected primarily by microeconomic forces. By and large, managerial decisions are not affected by either microeconomic or macroeconomic forces.
Explain how the following statements relate to the AD-AS model? The FEd expected a weaker dollar to help increase exports. The above actions by the Fed may cause inflation to rise to levels that most would consider unacceptable.
How does lobbying work in government?
assume that every citizen of country x has the utility function of ux y 5x4y. say that x denotes cigarettes and y
determines demand and, in turn, demand determines prices - supply and demand determine prices and, in turn, prices allocate scarce resources.
Suppose the government imposes a tax of $1 per unit to reduce widget consumption and raise government revenues. What will the new equilibrium quantity be? What price will the buyer pay? What amount per unit will the seller receive?
The windfall price increase of an imported good that results hen a quota is imposed on that good accrues to
Discuss the economy by giving an historical overview of the three major revolutions that have taken place. How did each of the three revolutions change the lives of the people?
what do you think must be 3 major macroeconomic goals of the economy? what policy mix assists government attain these
The relative price an equilibrium price?
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