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Measured as the long-term growth of potential GDP, how has economic growth in the United States changed over the decades since 1962? There was a slowdown in growth-when was it and what is it called?
Develop a 1,050-word report to the members of the strategic planning committee explaining the following information: How economists are both scientists and policymakers and what principles society uses to allocate its scarce resources
What do we call a period of production long enough for producers to adjust the quantities of all their resources, including capital?
Eluciadte the work of how the answer was derived. David Upton is president of Upton Manufacturing.
Describe the Federal Reserve's structure and primary functions. Explain the effect the Federal Reserve's policies have on financial markets, institutions and interest rates.
A consumer with utility function u(x) =√x wants to purchase full insurance from Company Z. However, he doesn't know how much the premium, Q, will be. It may be $10,000or $20,000 with equal probability.
Remembering the concepts of trade creation and trade diversion, is this union likely to be welfare enhancing? Why or why not?
a. What are the variable costs of producing too units. b. Write out the total cost equation assuming variable costs are linear. c. What is the marginal cost of the 50th unit of output? d. What is the average total cost of the 50th unit of output?
The emergence of giant multinational corporations is said to have altered the very nature of international economic activity. In what ways do these MNCs affect the structure and pattern of trading relationships between the developed world and the ..
Using data from the Bureau of Labor Statistics, describe what is the current level of unemployment? What is the current level of inflation?
Determine the four phases of the business cycle? How long do business cycles last and how do seasonal variations and long-run trends complicate measurement of businrss cycle?
What is the effect of some economic variable (e.g. college education) on the growth rates (or levels of GDP) of some group of countries (e.g. Sub- Saharan Africa)?
Write the macroeconomic issue about unemployment of Malaysia, the answer should explain why this issue happened, the impact of this issue (good influence and bad influence), must add the reference to support your explanation, please write this ans..
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