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The US government should be the catalyst for innovations in intermodal transportation. Industry, in a free market economy, has been limited in their ability to deliver these innovations.
Do you agree or disagree with the author? Justify you position using historical examples (development of nuclear power has been led by the government; development of new technologies for DOD is primarily driven by industry) to support your argument.
How do budgetary changes (increases or decreases) affect the community? How does the policy budget process in your selected state impact the health care environment? Give specific examples.
If he repays $2,000 per year, calculate the period required (to the nearest year) to pay off his debt.
The circular flow model depicts the exchange of money, products, and resources between households and businesses. It includes the factor and the products markets. A peak is usually followed by a correction phase in which contraction occurs, growth sl..
question 1 the economic surplus of a particular action is answer the value of the action the cost of the action
Consider the Ricardian model. Home has 1200 unites of labor available. It can produce two goods, apples (A) and bananas (B). The unit labor requirement in apple production is 3, while in banana production it is 2. Describe the patterns of trade (incl..
Using simple money multiplier, calculate total change in money supply resulting from $1000 initial deposit. Explain how would hold this level of excess reserves affect total change in money supply.
Suppose the price of copper increases from ?$2,000 to ?$2,400 per ton and the quantity supplied increases from 8 million tons to 12 million tons.
. Therefore the industry should be considered as a market failure and safety mandates should be imposed by the government.
Use a graph of budget sets and standard indifference curves to show that it is possible that a competitive consumer chooses to have her child go to a public school even though the parent would be better off if no public education were available and n..
You recently got a job as an usher at the nearby movie theater. Last night, you had the opportunity to work but decided to take your very first vacation day.
A firm sells its product in a perfectly competitive market where other firms charge a price of $80 per unit. The firm's total costs are C(Q)=40+8Q+2Q2. how much output should the firm produce in the short run? what price should the firm charge in the..
What do you think based on your current knowledge. Then look up some facts and answer them again. Is inflation: High, Moderate, or Low? Is unemployment: High, Moderate or Low; what is the unemployment rate? Are interest rates: High, Moderate, or Low?..
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