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Assignment:
Entrepreneurs are people who undertake the risk of business activity with the expectation of earning profit. Why is the role of the entrepreneur vitally important as a source of economic progress? How do entrepreneurs influence the discovery and development of new products and better ways of doing things?
Answer with half page one space
Many retirement funds charge an administrative fee each year equal to 0.25% on managed assets. Suppose that Alexx and Spenser each invest $5,000.
Assume that the Keynesian short run aggregate supply curve is applicable to a country's economy. Construct appropriate diagrams to assist in answering the following questions:
A firm uses capital (K) and labor (L) to produce output y. The production function is given by y = k^0.5 * L^0.5 . Both the wage of labor and the cost of using
Josh earns 20 dollars an hour. He has nonlabour income of $80 per week. He has 60 hours a week available for either labour or leisure.
Investment expenditure, for Keynes, is driven by animal spirits. Explain. What implications does this have for the attainment of full employment equilibrium?
Is there any problem in interpreting the dummy variables in this model since Y is in the log form and How would you interpret the dummy coef?cients?
The basic model of pure competition reviewed in this chapter finds that in the long run all firms in a purely competitive industry will earn normal profits. If all firms only earn a normal profit in the long run, firms will develop new products or..
What caused the economic crisis? Was it mostly people who got loans with little credit?
In a 500-750-word "Letter to the Editor," propose an initiative for an educational issue that you feel needs to be addressed. Include a plan about how this issue could become an initiative under Arizona law.
Formulate and present your recommendations for addressing the issue(s) based on the relevant data and economic principles identified above.
What do we need to do if the bank cleared canceled check for the wrong amount?
Discuss the political risks associated with the chosen country, looking at. Internal conflicts and external conflicts. You should present your models.
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