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Explain the short-run impact of each of the following.
a. A discovery that makes cold fusion a reality, greatly reducing the cost of producing energy
b. An increase in the payroll tax
Why will a sale of bonds have the greatest effect on real GDP when unemployment is low vs high?
To make method that should accepts a String object as an argument and the displays contents back-word. For instance, if the string argument
Discuss the impacts and effect(s) on the world price of corn as a result of the increased use of corn to produce biofuels in the United States and Europe. How does this impact on trade; the production decisions of farmers; and the world food supply?
John noticed that the calculated present worth for the project is equal to the annual worth multiplied by three. What is the project's first cost?
Consider what is "natural" about the natural rate of unemployment. Why might the natural rate of unemployment differ across countries?
An increase in the fixed cost of working will ________ labor force participation and ________ hours of work (of those working before and after the increase in the fixed cost of working) A worker is indifferent between job one lasting 4 hours a day, j..
How are the main components of government set up by New Jersey state constitution?
An equipment rental firm purchased a new scissor lift to add to its rental fleet. The scissor lift cost $18,000 and is expected to have a useful life of 4 years. The salvage value at the end of the lift's useful life is estimated to be $4,000. determ..
Why is it important for economists to study and for individuals, households and firms to utilize customer and behavior and choices?
Let's take a simple example of two countries and two goods. Country 1 produces 10 units of Wine and 5 units of cloth in 1 hour. Country 2 produces 4 units of wine and 1 unit of cloth in 1 hour. Who has absolute advantage and who has comparative advan..
The National Crime Prevention Council believes crime prevention requires efforts not only geared towards decreasing the threat of criminal activity
Discuss the process of debt accumulation in poor countries, ie, how loans are granted, fall behind in payment, and eventually often lead to a crisis and perhaps
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