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Consider a permanent increase in government consumption. Use the marketclearing model to determine the effects, if any, on aggregate demand for goods, aggregate supply of goods, and the real interest rate if the permanent increase in government consumption is financed by raising lump-sum taxes. Be sure to explain your answers.
Suppose which Sam is now growing wheat on enough land to produce 7,000 bushels of wheat. Illustrate what is the opportunity cost.
Discuss the positives and negatives of corporate culture in the competitiveness of a firm. Relate how firms should deal with different corporate cultures in mer
How important is the protection of property rights to the effort to promote strong, prosperous businesses?
Explain, in economic terms, how this arrangement with Delta and United could have caused the value of SkyWest to increase so dramatically even though it limited the amount of profit the company could earn.
Based on what you have learned about monopoly markets and markets in oligopoly, which of these two do you believe is more harmful for the consumers and for the economy, and why? Do you believe all monopolies should be considered illegal?
There are linkages between the microeconomic decisions made by managers and the macroeconomic environment. There are numerous examples from the current recession of company layoffs at the micro level, directly influenced by the decline in economic ac..
Oligopolies are known as big businesses. Select an oligopoly and discuss how globalization may have affected its resource allocation.
Assume that in an election voters are distributed on different positions from 1 to 10 (extremely leftist to extremely rightist) and that instead of having voters distributed uniformly across 10 regions, suppose that position 1 has a different number ..
Illustrate what percentage of G1 can be mixed with G2 and still satisfy the customers. Elucidate the resulting paint cost per gallon.
An engineer is considering two different liners for an evaporation pond that will receive salty concentrate from a brackish water desalting plant. A plastic liner will cost $0.90 per square foot initially and will require replacement in 15 years when..
Compare and contrast the Jeffersonism and Hamiltonism politics, constitutional interpretations and the ideal economic vision of the future of the United States
a. What is the perfect compensation to the homeowners? What does perfect compensation mean?
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