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In the short run attempting to increase consumption beyond the full employment level of income will likely result in
A.) increased inflation
B.) increasing unemployment
C.) a change in marginal tax rates
D.) currency doldrums
If a firm pays employees hourly and guarantees every employee 35 hours per week, how would the firm categorize its labor costs - what is the marginal cost of the 10th unit of output?
One Chicago has just a new single-stock futures contract on Brandex stock, a company that currently pays no dividends. Each contract calls for delivery of 1,000 shares of stock in one year.
What is the difference among a positive and a normative statement. Why do economists sometimes offer conflicting advice to policymakers.
Depends on your discussion, what is the most critical element(determinant) when considering the determinants of supply. In other words, what determinant has the greatest influence on the economy.
You need your job and you want to help your boss. But you're just not sure in this particular situation. What is the ethical problem in this situation? What steps should you take? When should you take them? Who should you talk to about this? Why?
Students will understand how and why government spending can affect the whole economy.
soft selling occurs when a buyer is skeptical of the quality or usefulness of a product or service. for example suppose
Suppose the Jamaica biscuit producing company, located in Kingston, has 100 ovens and the life of each oven is 5 years, and 20 ovens must be replaced each year. If demand for the biscuits is constant, how many ovens will be replaced each year?
Now, suppose that initially z=2 and the economy is in the steady state you calculated in part a. . Then suppose that z falls to 1.8 permanently. What is the new steady state? Determine capital per worker znd output per worker in each of the first ..
The aggregate supply (AS) and aggregate demand (AD) model describe the condition of the overall economy; this model is used to predict changes in the price level and output from external shocks to the economy and various government policies.
Identify also explain the different functions performed in the electricity supply sector by several different types of electric utilities in these markets.
The federal government, in an effort to stimulate the economy also decreases taxes on all individuals except those earning over $250,000 per year.
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