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Prompt: Watch "FI$H - How an Economy Grows (Episode 2: Get Shirty)" [5:37 minutes]. Based on the above video clip, which of the basic principles of economic thinking is/are addressed, and explain why? Explain what drives Able and Charlie to trade? What is/are the underlying assumption(s) that allow the trade to occur?
What is the relationship between economic growth and productivity? What is the major source of growth in labor productivity?
Generate a graph to show the optimal quantity that will be produced by each competitive firm, and the resulting profit. This graph will include 4 curves to show.
Calculate the mean and standard deviation of sales people (x) and sales (y). Find sample size n - Calculate the correlation coefficient with all three methods.
The Federal Government announced a tax rebate of $500 for all individuals filing singly
Four mutually exclusive projects are being considered for a new 2-mile jogging track. The life of the track is expected to be 80 years.
Which of the following is an example of "supply-side economics"? A. an investment tax credit B. a one-time tax rebate to low-income families C. a new Medicare drug benefit for the elderly D. an increase in Social Security benefits E. all of the above
Discuss the findings of your Ecological Footprint Quiz. Were you surprised by the results? Were there questions that surprised you?
When profit-maximizing firms in competitive markets are earning negative economic profit, Select one:
Normal 0 false false false EN-US X-NONE X-NONE Introduction: Water is a ne..
Explanations of one advantage and one disadvantage associated with using this service from the perspective of the business owner or the customer redeeming the coupons
Antitrust Practices and Market Power
Demand for each product must be created by advertising. Each dollar spent advertising gasoline creates 5 barrels of demand and each dollar spent on heating oil.
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