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Considering Opportunity Cost and Comparative Advantage, how are they related?
How is Comparative Advantage related to the value of trade? What do you get out of trading with others?
q1. a. give introduction about markets and consumer protection involving the ethical and moral issues.b. critically
Which of the following statements is? true? A. Pareto efficiency implies equity. B. Market prices act as signals that result in equal distribution of income and wealth in the society. C. Maximum social surplus implies equity. D. Taxation causes redis..
Here, present your views (based on readings, lectures, your own interpretation) as to why you feel large deficit is a problem or not.
The slope of the short run phillips curve is consistent with:
According to the Wall Street Journal, the US Department of Commerce has "decided that display prices by Japanese companies in their home market may be artificially low. Rather than comparing US prices with Japanese prices, Commerce is now coming up w..
Elucidate the effect of capital formation by comparing the present times and ten year in the future for thtwo economic.
q.given the following annual information about a hypothetical country answer questions a through d.billions of
Tyrion, who likes beer and wine, lives in Westeros, where people buy things with Silver Stags (SS). The price of wine is 5SS per flagon and the price of beer is 2.5SS per jug. Tyrion’s daily income is 50SS.
Ngela owes $500 on a credit card and $2,000 on a student loan. The credit card has a 15 percent annual interest rate and the student loan has a 7 percent annual interest rate. Her sense of loss aversion makes her more anxious about the larger loan. S..
What would happen to GDP if the government hired unemployed workers, who had been amount $TR ain unemployment benefits, as government employees and now paid them $TR to do nothing? Explain.
If demand and supply are both very inelastic, a decrease in the rate of an excise tax will likely
The Central Bank of Muji wishes to eliminate the recessionary gap while expansionary monetary policy. The central bank can do so by stimulating consumption and planned investment.
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