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Q1. 1. Briefly converse the "liberty" also "security" concerns relating to border security.
2. Where is Guantanamo Bay? Why is it being used to hold "illegal combatants" instead of a military prison in the United States?
Q2. These terms all have to do with movement, growing or declining. Recession also depression both have to do with moving downward, imploding. On the other hand inflation also expansion both have do with moving in a positive way. In a way inflation, expansion also stagflation all have the similar meaning deep down also depression, recession also contraction also all have the similar meaning behind them.
Suppose now the price of a cell phone minute falls to $.50 per minute. Show how this will change the budget line.
Joe has $16 to spend on Twinkies and Hohos. Twinkies are prices at $1 and Hohos are priced at $2 per pack.
Illustrate output quota q1 would the typical firm have to be limited. Explain how much would it like to produce.
Explain how did the early classical economists view the relation between productions also consumption.
During the purchasing decision, evaluation stage, the consumer forms preferences among the brands in the choice set.
Illustrate what financial market yield data can the Federal use to determine if longer term inflation expectations are well anchored
Suppose that an increase in crime (O) also results in a per unit amount of social damage equal to d(d>0).
Find the profit-maximizing choice of q for this miniature farm; also compute profits that will be earned at this choice of q.
Illustrate what will happen to the equilibrium quantity also price of a product in a competitive marketplace when the increase in demand exactly offsets the decrease in supply.
A brewery is considering two potential production investments.
Merit goods have received considerable attention. Can concerts and other publicly provided services be rationalized using these ideas.
Explain and show graphically the effect on the supply and demand for Bonds in a deflationary period. What is the effect on interest rates and the quantity of bonds.
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