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If electric car producers adhered to the Solow growth model, which items would they view as important to economic growth?
Choose one or more:A. battery charging stations B. assembly line robots C. warehouse space D. their time and knowledge
Why does the slope of the aggregate supply curve change from the short run to the long run? What are the differences between classical theory and what Keynes believed?
Some of the most serious abuses taking place in developing countries deal with child labor, human slavery, sweatshops, bad governance, and environmental degradation. Select one (1) developing country, and examine the extent to which two (2) of these ..
a. Determine the equilibrium price and quantity. Show the equilibrium graphically.
Suppose a firm's demand curve is given by P = 50 - 0.25Q. What is the price elasticity (value of) of demand for the demand curve when the price is $10. Is that demand elastic or inelastic and why?
You want to buy a new car. You plan to borrow the entire purchase price of $25,000. Dealer offers two choices: (i) an immediate $1500 rebate and financing at the regular rate of 7.2% APR for 48 months, or (ii) low percentage financing for 48 months. ..
What variables to include in x. What functional form to use; should x include higher order, interaction terms of variables.
Think about a good or service for which you believe there has been a shift in demand or supply
During an episode of hyperinflation, people tend to do what with the money? Do they spend more or hold on to it? And will it make the inflation worse? or fix it?
Explain how the office of emperor in East Asia could be either a rallying point or an impediment to a newer concept of nationalism.
Suppose the government in a very small country charges tax on some kind of food and has collected tax revenue based on that. Under the pressure of vigorous protest, it declares to return all the tax collected to the buyers and sellers of this food ba..
Irish is on the Venice Strip in Los Angeles selling necklaces. He is one of over 100 necklaces suppliers on the Venice strip, and there are naturally many potential buyers that stroll along the strip every day. Futhermore, for the average person, Iri..
One bag of flour is sold for $1.00 to a bakery, which uses the flour to bake bread that is sold for $3.00 to consumers. Taking these three transactions into account, what is the effect on GDP? A steel company sells some steel to a bicycle company for..
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