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Discuss whether each statement is an example of positive economics or normative economics or if it contains elements of both:
A) an increase in the personal income tax will slow the growth rate of the economy.
B) the goal of any country's economic policy should be to increase the well being of its poorest , most vulnerable citizens.
C) excess regulation of small business is stifling the economy. Small business has been responsible for most of the growth in employment over the last 10 years, but regulations are putting a severe damper on the ability of small businesses to survive and prosper.
D) the 1990s were a disastrous decade for the U.S. economy. Income inequality increased to its highest level since before World War 2.
The accompanying table also graph elucidate how Samantha's preferences for consumption bundles composed of chocolate kisses also licorice drops.
Compare murder rates with and without death penalty. Cross-section of states: is murder rate higher on average in states without executions.
George and John, stranded on an island, use clamshells for money. Last year George caught 300 fish and 5 wild boars. John grew 200 bunches of bananas.
The demand curve for videos has shifted to the right. Illustrate what could have caused it.
Write the print f C Code which will display the output with three spaces preceding it. Illustrate what is the marginal cost of the last bucking bronco produced.
Throughout the company’s franchises, the probability is 0.60 that a meal lwill be served with in 45 seconds. What is the expected number of coupons a counter employee will receive when serving the regional manager?
Elucidate and illustrate how they will help to improve the GDP as a tool for measuring the well-being of a nation.
Analyze how the different forces will come together to create a convergence between the interests of stockholders and managers.
If required reserve ratio is raised and people decide to hold more cash instead of depositing, how is the money supply affected?
a change in environmental regulation has dramatically raised the price of a substitute chemical that indirectly competes with T3MP. This change undermines the market for the substitute, which is about twice the size of the market for T3MP.
To find and explain the Nash equilibria of a widespread form game can I use the equivalent normal form game to do that.
Write down Mareko's intertemporal budget constraint in future value terms. How much pineapple will Mareko consume in each period.
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