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Please discuss how personal values are formed? Share with the class some of the influences that shaped your personal values.
Most tax payments increase as GDP increases. Government spending influences spending indirectly. A deficit nation in a fixed exchange rate system can improve its balance of ayments by increasing _____. Why do economists insist on emphasizing the diff..
How would an economist respond to the opinions expressed in this documentary? What aspects of the current food system would an economist view as a positive development?
The accelerationism model is an alternative interpretation of the. In the very short run, deflation occurs and real output rises. Which of the following could cause this?
Describe the social and economic repercussion of the following inventions: the typewriter, the jet airplane, television, penicillin. Which do you think is greater in each case - the social or the economic impact?
A firm's production function is qi = .2*Ki.2Li.4. The wage rate in this area is w = $15, and the cost of capital is r = .05. a. Find the firm's short run cost function, if Ki is fixed at $100,000. b. If the good is exported around the world at a pric..
In doing this you need to look at how the determinants of aggregate supply - such as levels of technology and productivity - can be raised.
Assume that the production of scissors is represented by q = 6*(K*L)1/2 . In the SR, K is fixed at 144. The rental rate (v) is 25, and the wage rate (w) is 10. a. (4 pts) What is the STC function in terms of q? b. (2 pts) Using your equation in part ..
Discuss fixed and floating exchange rate systems. During what period in post-war international economic relations did each exist, respectively? Use the systemic and subsystemic levels-of-analysis to discuss the transition from one system to the other..
For each stock in the stock market, the number of shares sold daily equals the number of shares purchased. That is, the quantity of each firm’s shares demanded equals the quantity supplied. So, if this equality always occurs, why do the prices of sto..
Explain with an example how the law may permit something that is ethically wrong. Samuel and his friends form an LLC. Samuel, through an agreement, promises to contribute personal property to the LLC within a year of the LLC's operation.
Let’s say you plan to retire 40 years from now, and you decide you could live on $40,000 per year if you retired today. If the inflation rate is 3% between now and your retirement date, how much money per year would you need to have saved?
Consider Figure 9.3. In which periods of U.S. history was output growth in agriculture the highest? In which periods of U.S. history was labor productivity growth in agriculture the highest? If the price is currently $15, then what is the price elast..
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