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Explain the views of conservatives and liberals regarding the causes of persistent federal budget deficits.
Suppose the demand and supply curves for one-year discount bonds with the face value of $1,000 are given by:
Which of the following items are not considered resource costs even though they are counted as income paid to persons?
Consider the term efficiency. Is it the only goal of economic policymakers?
The conventional theory of consumer choice is based on a utility function of the form u = u(x). The Lancaster/Maler model employs a utility function of the form
Sally and Joe recently graduated from college, both majoring in history. Joe took a prestigious job as a legal clerk. Sally took a job as a specialist in fighting forest fires. Both received additional training before entering their jobs. Who will li..
In a preference ordering exercise in which two baskets of goods are being considered, it is assumed by indifference theory that the consumer is able to
Economists believe the current account is a problem in the US. Why is that? What should be done to fix the current account?
1) Any economic measure that tries to reduce the natural rate of unemployment (long-term equilibrium) should:
What would happen if no one tried to manage the business cycle? What role do you see for the Executive Branch of the U.S. government in managing the business?
Make a comparative analysis of the three theories of interest rate determination.
1. If you were asked to give the government of Haiti one piece of advice to help their economy grow, what would it be?
Which of the following is true regarding the duty of an attorney? An attorney: should reveal a client's confession of a crime as well as a client’s intention to commit a crime such as murder in order to prevent its occurrence. cannot represent a guil..
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