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Resource consumption per person in the United States is either flat or falling, depending on the resource. Yet living standards are rising due to improvements in technology that allow more output to be produced for every unit of input used in production. Illustrate what does this say about the likelihood of our running out of resources?
Explain how it affects industry's margins forcing them to push up their product sale price etc.
Elucidate what is the impact of a trade surplus. What is the impact of a trade deficit? How do trade deficits and trade surpluses affect the firm you work for.
If increased government spending and tax cuts were equally effective in stimulating aggregate demand, which fiscal tool would you select? Why?
Illustrate what are the pros and cons of switching to a market for kidneys. Currently, people can volunteer to donate one of their two kidneys, and getting a kidney is dependent upon your need and prognosis and sometimes having a relative who is a..
Explain how is the United States doing in the most recent quarter compared to Japan, the Euro Area and Canada in terms of production and employment.
Sketch a domestic supply and demand diagrams for a product in which the United States does not have a comparative advantage.
Explain how the concepts of total utility, marginal utility, and utility maximization.
What is the share of Household A's income spent on education? Does this household consume more or less education if EF = 20 is provided by the government? What is the share of Household B's income spent on education?
Discuss the limitations of this model as an explanation of the effects of government expenditure on GDP.
Elucidate why the US would subsidize the short run costs of production for tobacco farmers in foreign countries.
Offers automobile brake analysis also repair at a various of outlets in the Philadelphia area.
Describe the Soviet Rapid Development Model
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