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If a new home can be constructed for $150,000, what is the opportunity cost of federal defense spending, measures in terms of private housing? (assume a defense budget of $600 billion)?
Suppose the demand for what you "sell" rises relative to the supply of what you sell. a. How would you know demand has increased (What is the first piece of information which would lead you to conclude that demand has increased)
Skill-biased technical change, through its effect on labor supply of skilled and unskilled workers, can generate an increase in wage inequality"
Assume Madison has sixteen hours in the day for work or leisure. She earns $5 an hour and receives $15 each day in non-labor income.
Which nation has the absolute advantage in the production of tanks. Why is it this country.
The equilibrium price for physiotherapy visits is $30 and the quantity utilized is 150 visits as a result of the demand and supply conditions in this diagram. The state legislature is concerned that the current price does not give the physiotherap..
Elucidate what could Coca Cola do to mitigate any undesirable effects of business cycles.
Make a presentation for Board which examines the current state of the United States economy. Use the Library to discover the up to date information required.
Determine the present worth of a geometric gradient series with a cash flow of $50,000 in year 1 and increases of 6% each year through year 8. The interest rate is 10% per year.
Caroline received a $1 million payment from a lottery ticket. She decided to use the money to purchase a cupcake business. If Caroline had invested the $1 million in a money market account, she would have made $30,000 in interest each year.
A packaging firm relies on the production function , with and . Assume that the firm's optimal input combination is interior (it uses positive amounts of both inputs). Derive its long-run total cost curve in terms of the input prices,wandr.
"K-12 and NCLB" Please respond to the following: Analyze the proposals for reform in the current K-12 system and determine which single proposal would be the most likely to succeed. Explain your rationale.
You manage Gofer Delivery Services. You rent a truck for $50 a day and each delivery takes an hour of labor time. The hourly wage is $8. Draw a curve showing the relationship between the number of deliveries on the horizontal axis.
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