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Oligopolies have a negative impact on income distribution." Do you agree or disagree? Provide justification for our response.
1. if you owe money to a bank. will you gain or lose from an unanticipated decrease in inflation?2. how could inflation
A major car manufacturer wants to test a new engine to determine whether it meets new air pollution standards. The mean emission of all engine of this type must be less than 20 parts per million of carbon. Ten engines are manufactured for testing ..
For 2008-2014, a company has collected the following data on quarterly sales of its product.
Explain why do you think that whenever the government needs to raise their revenue they usually decide to increase the tax on items such as gas
Describe implications for pricing of batteries, brakes and oil changes on the sale of tires.
The classical range of the aggregate supply curve. Advise the President on good economic policy - When more purchasing power is spent, one expects rising output at rising prices.
Illustrate the difference among the law of diminishing marginal returns and the law of diminishing marginal rate of technical substitution.
Derive the equation for output per effective worker y = Y/EN = f(k), where k equals the amount of capital per effective worker. or calculate the steady state levels for each.
Explain the law of diminishing marginal utility and Why are there so many more proprietorships than corporations, yet corporations account for so much more of the sales of business firms in the country?
different end points in their vision about the economy-Smith claims we end, as Heilbroner puts it, in "Vahalla" while Ricardo claims we end a relatively dismal steady state. In your thought paper, explore why they reach these strikingly different ..
What is the appropriate balance between private and public (i.e., government) activity Think of a case where the government has intervened (or it was suggested that government intervene) in a previously private market
Exports and imports total in the billions of dollars for each country. Explain what this tells you about our society.
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