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In 250 words answer this question. What are the limits to the U.S. long-term economic growth? Is there anything that our government can do to address these limits, or would it be a bad idea to try?
Good W and Y are made with intermediate goods A & B. The market value of A is $10 and the market rate of B is $13. The market value of W is $23, and the market rate of Y is $4.
Determine the profit-maximizing prices both firms will charge. In addition, calculate the price-cost margin for each firm and indicate which has more pricing power and why.
What are the firm's fixed costs? What is the firm's marginal cost? Now suppose other firms in the market sell the product at a price of $10.
Using the following demand schedule and a graph sheet plot the demand and supply curves? Also, show the market equilibrium point on the graph. And what is the market equilibrium quantity?
Illustrate what can you infer from this data about the rate of labor productivity growth in the US economy during this period.
The National Debt Try the following exercises to better understand how the national debt is related to the government's budget deficit Assume that the gross national debt is initially equal to $3 trillion and the federal government then runs a defic..
At the national level, public debate has centred on the performance of the main monetary measure – GDP. Each year we must do better than the last; otherwise we are officially in recession…while GDP growth is important for raising living standards, it..
Two companies produce the same product. The firm's each determine their own output and the combined output of the two is sold at the market price.
how would market forces affect the amount of time the proven oil reserves will last assuming no new oil reserves are
The subsequent table gives total output or total product as a function of labor units used. Does the table indicate a situation of diminishing returns.
Suppose the Value of the French Franc in terms of the dollar is 40 on October 12 and 45 on October 17. By how much has the Franc appreciated or depreciated against the dollar?
Assume that a borrower and a lender agree on the nominal interest rate to be paid on a loan.
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