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Price ceilings result in shortages. Is this statement true or false? Explain your response
Research the government shutdown using legitimate news and political sources. Describe the effect the government shutdown had on federal services and federal spending. Do you believe there were lasting effects from the government shutdown (if so - de..
Extensive growth is driven by
a. In April 2011, the unemployment rate in the United States increased from 8.8% to 9%. This means the economy is not yet recovering from the Great Recession.
How does the federal reserve really influence the interest rates and cause them to go up and down? Also when the federal reserve sells securities they take money out of the economy because banks buy the securitie.s But my question is what kind of sec..
A petroleum engineer must estimate the minimum required cash flow before taxes if the cash flow after taxes is $2,000,000. The effective federal tax rate is 35%, and the state tax rate is 4.5%. A total of $1,000,000 in tax-deductible depreciation wil..
Suppose the U.S. economy is in a recession and faces relatively high inflation. List the twin problems which policymakers face. List the monetary policy approaches the Fed could take to resolve each problem (i.e, do not list the policy tools—just des..
Suppose a firm’s technology is represented by the Cobb-Douglas production function F(L, K) = 5LK. The wage rate is $50 and the rental rate of capital is $10. What is the least-cost combination to produce 100 units of output?
Dizzyland Amusement Park is a monopoly that charges for ride tickets. There is no fence around the park and anyone can walk in. Dizzyland is considering building a fence so that they can charge admission. If the fence can be built for free, does it i..
Find an article that you think represents ideas about a company or organization's Corporate Strategic Choices in foreign countries.
Suppose the monopolist faces the following demand curve: P = 100 3Q. Marginal cost of production is constant and equal to $10, and there are no fixed costs. What is the monopolist’s profit maximizing level of output? What price will the profit maximi..
Explain the benefit of project, which include tangible and intangible benefits. Justify a recommendation with compelling proposal that aligns to business goals.
Anna consumes good x and good y. Her utility function is given u(x, y) = 100x − x2 + y. Due to the resource constraint, Anna cannot consume more than 100 units of good x. If px = 50, then what is her demand? Calculate Anna’s consumer surplus. What is..
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