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A "scarce" good is a good: Answer for which it is impossible to increase production any further given the available resources and technology. for which there is a shortage at the current market price. that is always in demand at any price. for which available resources are insufficient to satisfy unlimited human desires for it. that cannot be produced using mass production techniques.
Assume the construction of the $360M stadium is to be financed entirely with debt to be repaid over twenty years. The repayment burden is negilible in short run.
A child of a wealthy family is deciding either to work or not work also mooch off her parents. Asume that she is offered a job which pays.
Elucidate how the enterprise zones could be utilized to enhance the economic development implications of your policy issue.
Illustrate what would happen to the dollar-yen spot exchange rate and the current account deficit if there were a decrease in Japanese investment in the United States.
Very important information regarding calculating the income elasticity of demand
Describe what economists mean when they say government purchases are 'exhaustive' expenditures whereas government transfer payments are 'nonexhaustive' expenditures.
Discuss and estimate the price elasticity of demand for a good or service of your company, or a company of interest to you
I am a manager in a governmental agency. I have no control over compensation policy. All workers are paid the same salary.
Brian is taking three courses this semester: economics, statistics, and finance. He has decided to spend 19 hours per week studying his objective is to maximize his average grade.
The country of Arkanslavia had money supplies of 183 million arkollars in 2010 and 644 million in 2011. They have real output of 791 arkollars in both years.
Illustrate what is the reserve ratio if the bank has $160 million worth of checking deposits, $32 million worth of reserves in deposits at its federal reserve district bank, and $8million worth of reserves in vault cash.
Over half of the nation's lettuce comes from three California areas: the Imperial Valley in the southeastern corner of the state, the area centered around Huron in FresnoCounty, and the area around Salinas in MontereyCounty. The Imperial Valley ha..
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