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How does the government and businesses help to serve others and what methods are used? How do they know what people want and does ones way of going about things seem more moral than the other?
A High End Department store has a replacement cost of $4,596,000. A fire caused $500,000 damage to the store's inventory. Find the amount the insurance company will pay if the store carried a policy with a face value of $3,500,000 and a coinsurance c..
The American Baker’s Association reports that annual sales of bakery goods last year rose 15 percent, driven by a 50 percent increase in the demand for bran muffins. Most of the increase was attributed to a report that diets rich in bran help prevent..
Which of the following would shift the short-run aggregate supply curve to the right?
Tomatoes grow well in Kansas. Why do the people of Kansas buy most of their tomatoes from Florida, Mexico, and California?
Explain the use of a Letter of Credit. Why do firms use counter trade? How does capital budgeting for international projects differ from that of domestic projects?
Here's some background info. A company's duty to operate honorably, provide good working conditions for employees, be a good steward of the environment, and actively work to better the quality of life in the local communities where it operates and in..
Opponents of NAFTA point out that pollution is largely a free good in Mexico also that being free to pollute gives industries in Mexico an economic advantage over those in the U.S. also Canada.
After the 2008's Great Recession the Fed lower the Fed Fund Rate (r) to zero reaching its lower bound and facing a binding situation, i.e. r = 0. What effect will this have on the effectiveness of fiscal policy? Specifically, what will happen to the ..
A) Using two separate supply and demand graphs, graphically show and verbally explain how a shortage is created by each of the two changes. B) Explain what eventually happens to price because of the shortage in a free market. C) Explain how supplie..
Show that after a shift in the demand curve, a monopoly's price may remain constant but its output may rise.
Suppose the going market rate of interest on high-quality corporate bonds is 12 percent. FORTRAN Corporation is considering an investment project which will last 10 years and requires an initial cash outlay of $1.5 million
Explain the automatic process by which the economy will adjust towards the potential national income in the long-run.
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