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Suppose the government spending is 3.2 trillion, and taxes collected are 2.9 trillion. what is the federal government deficit in that year? Annual Deficit =$ ___trillion.
Two firms, A and B, are situated next to a lake, and it costs each firm €1,500 per period to use filters that avoid polluting the lake. However, each firm must use the lake's water in production, so it is also costly to have a polluted lake. Does eit..
Assume a specific factors economy produces two goods, cloth and food, and that when representing the output of this economy graphically, cloth is on the x-axis and food is on the y-axis. Movement of labor from a Foreign country to the domestic (Home)..
Suppose that 0 workers generate 0 output, 1 worker generates 8 units of output, 2 workers generate 20, 3 workers generate 35, 4 workers generate 45, and 5 workers generate 47 units of output, 6 workers generate 47 units of output, while 7 workers gen..
China is one of the US's most important trading partners (consider how many goods are "Made in China"). What might happen to the value of the US dollar
As a consumer, describe your benefits regarding the availability of a wide range of low-cost, high-quality goods and services which are produced in other countries, such as, cell phones and flat-screen televisions. As a voter, describe your concerns ..
Why do you think that supervisors are often unwilling to listen to employees' suggestions? Of all the topics discussed in this class, the only one that some students object to is unions.
q1. scour the national news media many good sources are available online for a juicy story in which material is at the
AAA Personnel, Inc., discharges Barb, who feels the discharge is due to her religious beliefs. She decides to pursue an employment-discrimination claim and file suit against AAA. She could contact the Equal Employment Opportunity Commission
You are tasked with evaluating a project for reducing nutrient (nitrogen and phosphorus) loading into the Gulf of Mexico (GOM). These nutrients make their way into the GOM by way of the Mississippi River and primarily come from the runoff of chemical..
Provide examples of two industries with different time frames for the short run. Clarify why this is the case.
Suppose a student has 9 hours available to study Economics, Spanish and Psychology with an estimate of performance based on hours of study for upcoming exams. Graph the gain in scores for studying first, second, third…., ninth hour for studying a) Ec..
Describe demand and marginal income curves faced by a industry in a purely competitive market. Are they different from those faced by a industry in oligopolistic competition.
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