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Q1. Explain why do some economists consider that better inventory control software as well as systems might help to decrease the frequency and severity of recessions caused by mild demand shocks? Explain how could those same inventory systems quickly transmit large demand shocks directly to sudden, deep recessions?
Q2. The Fair Labor Standards Act establishes a federal minimum wage of $7.25. Law of 1969 recognized greatest rental rates for apartments in New York City. Explicate how these controls can lead to shortages, especially in the long run. Critics of New York City rent manage system contend wealthy.
Compare these results to those predicted by the equilibrium business cycle model developed by Barro throughout the text.
In country B the opportunity cost of 100 gallons of beer is 0.95 tons of cereal. Both countries can experience gains from trade if the exchange rate for a ton of cereal is 96 gallons of beer
On the same day, the San Francisco Chronicle had an article with the headline "Sharp Drop in Bay Area Home Sales"
The opportunity cost of Juan's time is $8 per hour. If Juan receives $2 per pound for his fish, what is the optimal number of hours he should spend fishing.
How much of each good does Alice buy as well as how much does she work.
Explain the steps that would be used to conduct a Benefit-Cost Analysis of a government policy to alleviate the problem.
What is the impact of a tax cut in an economy operating under a fixed exchange rate regime on household spending, interest rates.
Give an economics analysis of that liability standard for product-related harms.
What is the marginal revenue product of hiring one low-skilled worker to clear woodland for one month.
Illustrate would be its profit-maximizing cost if the company were to build the bridge.
Determined by the ability to find, attract, keep, develop, and tap into the most talented workforce that can be assembled.
For each of the determinants of demand in Equation identify an example illustrating the effect on the demand for hybrid gasoline-electric vehicles.
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