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Senator Snodgrass says, “You economists say the economy is recovering from the recession but corporations are sitting on piles of cash and the unemployment rate is not declining. If the economy is really getting better, why aren’t more people getting hired? I don’t think you know what you are talking about!” Carefully explain to the Senator why the facts he cites can be consistent with recovery from a recession.
If labor is paid $100 and your average tool price is $250 what is profixt maximizing level of output and labor? What is your maximum profit?
u.s. supreme court justice stephen breyers book breaking the vicious circle toward effective risk regulation 1993
Illustrate what would be total incremental investment in accounts receivable and invent theory to support expected increase in sales.
Estimate the likely market evolution of the BRICs (Brazil, Russia, India, and China) over the next decade. What economic indicators might companies monitor to best guide their investments and actions? Identify three implications of the emergence of t..
The following information describes the value Lori Landlord places on having her five apartment houses repainted. She values the repainting of each apartment house at a different amount depending on how badly it needs repainting. Value of new paint o..
q1. price fixing is a per se violation of the clayton antitrust act. from the materials in the library and the internet
Please rank the follow curves as to how they would contribute to deadweight loss if a good that had this elasticity was taxed. Assume the supply curve has elasticity equal to 1. Most deadweight loss. Least deadweight loss
X-Corporation produces a good (Called X) that is a normal good. Its competitor, Y-Corp makes a substitute good that it markets under name "Y." Good Y is an inferior good. How will demand for good X change if consumer incomes increase.
Inflation during the 1970s was much higher than most people had expected when the decade began. How did this affect home-owners who obtained fixed-rate mortgages during the 1960's? How did it affect the banks that lent the money?
We say that the consumption bundles that Mei can afford but that do not use up her entire income lie:
limit popular influence without destroying popular sovereignty. Illustrate why the framers wanted to achieve each of these objectives and how the Constitution does so.
Is limitless growth really possible? What forces do you think will be most important in slowing or halting economic growth?
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