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When does the marginal rate of substitution (MRS) in an indifference curve equal the ratio of marginal utilities in marginal-utility analysis?
Elucidate how the multiplier effect would support Keynes explanation alsp explain how economies can fall into recession or depressions.
Economists also businesses almost always compare costs and benefits in their decision making.
Hurricane Katrina was a natural disaster that would have had an impact in the United State economy. What effect would Hurricane Katrina have on aggregate demand or aggregate supply, other things being steady?
1. an anticipated change is an economic occurrence thatnbspnbsp a.nbspnbspnbsp catches most people by surprise.nbspnbsp
When figuring the number of people unemployed, is it the laborforce - the number of employed adults What abou adults in the military the nonadult population institutionalized adults and nonmilitary, non institutionalized adults not in the labor fo..
Level 3 rewards its senior executives with OSO options, whose value is based on Level 3's stock market performance relative to the performance of the S&P index. The option only has value if Level 3's stock outperforms the S&P 500.
Consider two firms X and Y produce identically tasting cold drinks. In order to increase the demand for its cold drink, firm X increases its advertisement outlay. However the advertising doesn’t increase its demand in the long run. Explain why this m..
Do you believe that American consumers should boycott goods made by exploited workers in Less Developed Countries? Explain why this might or might not workace?
A recent national survey found that high school students watched an average (mean) of 7.2 DVDs per month with a population standard deviation of .90. A random sample of 35 college students revealed that the mean number of DVDs watched last month w..
In the Macroeconomics book by Stephen Williamson (5th Edition) in the Appendix for Ch. 7-8 Problem 1 the problem asks: Suppose in Solow growth model that there is government spending financed by lump-sum taxes, with total government spending G=gY,..
below you will find four different scenarios. each one represents a different quarter of the year with the initial
A firm that owns a wheat farm, a grain elevator, a flour mill, a commercial bakery, and a grocery store chain is
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