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Describe and critically evaluate the use of real GDP and the unemployment rate to track macroeconomic performance over the business cycle. Discuss current data on these variables.
Using a prisoner's dilemma game such as the "wedding game." explain how a positional arms race can occur. In your answer be sure to explain positional arms races, the nature of the wedding game, etc.
you are the owner of a small bread factory and are thinking of lowering costs and expanding. your small-business
Describe how price regulation may improve the performance of monopolies. In your answer distinguish between socially optimal pricing and fair return pricing.
in what ways if any do the demand schedules for a purely competitive firm and a pure monopolist differ? what
suppose the production function for guitars is given byq lk - 4l2where q is the number of guitars manufactured per
Do you believe in the idea that governments should run surpluses in good years only to spend their way out of a recession in bad years Why do we often see government revenues and spending change when we are in a recession. Why or why not
What about lowering interest rates and increasing money supply (i.e., monetary policy) If you were the chair economic advisor to the President of the United States, what would be your advice to him What does the Scripture have to say about money
The value for F must make Matt simi- larly indifferent: Solving this equation yields Thus, the strategy profile presented is a subgame perfect Nash equilibrium when and Given this equilibrium, let's calculate the probability of Fiona and Matt e..
american export-import shipping company operates a general cargo carrier service between new york and several western
What characteristics of the market make it more likely that a dealer will quote prices at random rather than stick with a single one, or will choose prices that vary with the perceived characteristics of individual customers.
Choose either the European Union or the North American Free Trade Arrangement, and answer the given questions based on your choice:
What were the policy options
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