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Economists have expressed a wide range of opinions on how wages are set. Give an overview of the evolution and most important developments? From mercantilism, physiocracy, classicism, marxism and socialism, marginalism and neoclassicism, mathematical economics, and Keynesian economics.
A brief on what they thought about wages.
Respond to the following prompts in a post with a minimum of 150 words, then comment on at least TWO other posts.
The consumption function is C = $800 billion + 0.9YD, where C is consumption spending and YD is disposable income. The government wants to increase output (RGDP) by $40 billion. By how much should they increase government spending?
Over the past decade medical costs have increased more rapidly than other prices. In order to illustrate how rising medical costs have affected consumer alternatives, let X represent the quantity of medical services, and let Y represent the quantity ..
Under the household production model, the full cost of any activity equals:
Suppose a firm with net income of $524059 paid out $186302 in cash dividends.
Fast forward five years and you are the proud owner of Healthy Child, LLC. Health Child is a store with seven locations throughout Georgia which sells healthy child products ranging from clothing to toys to food items. What laws does it violate if yo..
Explain how culture influences international business, making specific reference to important cultural dimensions including a detailed explanation.
A small Indiana town has one resident who uses and enjoys the local bowling alley. The marginal benefit of bowling for that resident is given by MB=50-7Q. The manager at the bowling alley has set the price of a game at $20. What is the total benefit ..
The decline in cigarette sales was estimated at 8 percent. What does this imply for the elasticity of demand for cigarettes? Explain?
Should we continue to measure GDP as we do now? If you don't think it should be changed, explain your reasoning. If you think it should be changed
Which of the following did Phillips discover?
Different countries have different views on what is ethical business. What is differences between countries and how can be would address the differences?
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