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Suppose the U.S. Economy experiences a recession in 2020. The actual output and GDP in the economy falls below potential output (Normal GDP) and there is high unemployment. What would you recommend to the administration in office in order to close the recessionary gap?
Describe the concept of the law of "diminishing returns" and why does it take place only in short run? Differentiate between "the long run return to scale" and "economies of scale."
list 4 different html tags that define the structure of a document and briefly define the function of each. provide two
Calculate the quota's redistributive effect
Describe the trends in the non-alcoholic beverage industry, especially the specific type of beverage category you have chosen. Justify at least three reasons why you have chosen this type of non-alcoholic beverage.
What is a government budget deficit How does afederal budget deficit affect the economy How does it affect thelevel of investment and interest rates How does it affect the individual consumer
In an attempt to verify the researcher's claim, 200 working people who had recently had heart attacks were surveyed. Do these data present sufficient evidence to indicate that there is a difference in the percentages of heart attacks that occur on d..
Arkansas has one of the highest numbers of STLs in the United States. In an effort to recoup the costs of dealing with the meth epidemic, twenty countries in Arkansas filed a suit in a federal district court against Pfizer, Inc., and other compani..
Explain why inequality is considered to be a social “bad” by many people. In what way could inequality be a social “good”?
Dave deposits $5,000 into a savings account that pays 7.2 percent per year, continuously compounded. What is the effective annual interest rate? Decide the value of his account at the end of two years.
The line d-f in graph 1-1 is the demand for labor in the industrial sector of the economy. What causes it to shift out to d'-f'. What is the difference between redundant labor and disguised unemployment
Determine how supply and demand can affect the prices of these homes. In a PowerPoint presentation, submit data findings that include economic factors within that area that may influence your decision, or factors that have prohibited an area to be..
Do you think the MPC has risen or fallen since the recession of 2008-2009? Explain your reasoning
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