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1. Explain how an increased federal budget deficit resulting from a recession can actually help stabilize an economy.
2. Describe how adjustments in wages and prices take the economy from the short-run equilibrium to the long-run equilibrium.
3. Explain why a system of marketable pollution permits leads to less costly pollution abatement and a higher concentration of polluted areas than a command-and-control system.
4. Although GDP per capita is the most commonly used measure of a country's success, many economists believe it does not give an accurate measure of a nation's economic well-being. Some studies have concluded that that GDP is not the best measure of well-being, and although it may be the best available on a timely basis, other factors need to be considered in addition to GDP to give a more accurate picture of economic well-being and the disparity of well-being between nations.
Clearly identify at least three such factors that in your view should be included in the GDP calculations. Explain how they will help to improve the GDP as a tool for measuring the well-being of a nation.
Identify also Talk about an industry or a marketplace segment companies were the "wrong" size for the long term.
Illustrate what is the GDP of George's also John's island in terms of clamshells?
Clarify why you chose this agency as well as what the impacts to you have been. Do you consider the impact to be positive or negative.
Dane decides to give up a job earning $100,000 every year as a corporate lawyer also converts the duplex that he owns into a UFO museum had been renting the duplex for $20,000 a year.
Elucidate how each change mentioned in the article impacts upon the aggregate expenditure model.
Peggy-sue's cookies are the best in the world, or so I hear. She has been offered a job by Cookie Monster.
Two dry cleaners are located on a street of length. The firms do not make the same profit, verbally describe why this is the case.
What are some methods for improving the financing of the U.S. health care system. Are these methods realistic and achievable? Justify your answer with solid reasoning and appropriate references.
What is Wirelesses' producer surplus from sales for each low-demand as well as consumer.
Explain how would you expect each of the following events to affect the amount they save each month.
What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution
Substantive responses use theory, research, and experience or examples to support ideas and further the class knowledge on the discussion topic.
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