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Libertarians such as Senator Rand Paul would like to see government's role greatly diminished. How would this affect the elderly, children and the less fortunate?
What would be the ideal role for government in the U.S.?
In 2016, a nation's population was 10 million, its real GDP was $1.21 billion, and its GDP deflator had a value of 121. By 2017, its population had increased to 12 million, its real GDP had risen to $1.5 billion, and its GDP deflator had a value of 1..
What is the discounted present value of a prize that gives you two installments of 1000 dollars (each), if these payments are made in five and six years from now, and the interest rate is 0.05?
Elucidate how Illustrate what the balance sheet will look like (comparison to above) if Brimstone declares a 10% stock dividend.
How does the standard product of labor change when the industry utilizes 81 units of labor.
If the price elasticity of demand in the United States for American-made luxury cars is 1.9, what is the impact on revenue if the price increases by 10%?
Currently, there is a $0.50 copayment on drugs. The HMO has decided to raise this to $1.00 per prescription. The cost of a prescription is $6.00, which mean the HMO's contribution to the total cost will fall from $5.50 to $5.00. How much will be dema..
Using the concepts of marginal utility and marginal cost, discuss the nature of the inefficiency in each of the following cases: an arrangement that offers relatively little coffee and much tea to people who prefer coffee and does the reverse for tea..
In most developing countries, the empirical studies show that there is extreme inequality in the distribution of education. A small section of the population is very highly educated and the majority of the population has practically no education at..
One of the major measures of the quality of service provided by any organization is the speed with which it responds to customer complaints. A large family-held department store selling furniture and flooring had undergone a major expansion in the pa..
What is the net outcome of either tariffs or quota for the world economy?
Illustrate what problems would occur if the managers of each division were given incentives to maximize each division's profit separately.
What is the basic purpose of the World Trade Organization?
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