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Economists generally dislike the restriction of trade because it
A. Reduces a nation's industrial diversification.
B. does not really save jobs in the short run despite its cost.
C. discourages the growth of infant industries.
D. encourages inefficiency
E. is too difficult and costly to enforce.
Amin consumes two goods: X and Y. M is his monetary income, while Px & Py represent the prices of goods X and Y, respectively. Assume that X is an inferior good while Y is a normal good.consumption possibilities, for the quantities of Y consumed
In 1955, Akio Morita, founder of Sony, came to the U.S. to drum-up sales for a new product his company had recently developed. Morita anticipated that Sony would sell approximately 30,000 transistor radios per year to get started. What was Morita dra..
The probability of getting ill is 25%. The utility function is U(W)= 3.2W ; U(W)=W2 , where W=wealth; log= logarithm base 10. Compute the expected wealth, expected utility (use up to 4 decimal places) and expected loss.
Question about micro economics- Sam Smith owns an internet radio company that has subscribers in Houston and Dallas
Explain the tools used to pursue expansionary and contractionary fiscal policy. During which phases of the business cycle would each be appropriate? Explain what is meant by a built-in stabilizer and give two examples
within the discussion board area write 400-600 words that respond to the following questions with your thoughts ideas
salt inc. just constructed a manufacturing plant in ghana. the construction cost 9 billion ghanaian cedi. salt intends
How would a downward change in the money supply affect you personally How would it affect your career What impact would rational expectations have on your decisions in this situation
if contract promises were not excused because of acts of war would the clearing and settlements clients of bank of new
review the pizza store layout simulation. during your review examine the process in this simulation. play it at least
Would you be indifferent between the plans?
using diagrams the likely effect on the market for traditional butcher servicesdraw a diagram that shows the main
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