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Would interest exist in a pure exchange economy where no production occurred? Explain. Please provide a detailed answer.
question 1money demand in an economy in which no interest is paid on money is... 500 0.2y -1000ia. you know that p
if the u.s dollar were to appreciate substantially what steps could a domestic manufacture like cummins engine co. of
In 2007 the U.S. was faced with two events. At the beginning of 2007, oil prices more than doubled. A financial crisis hit the economy starting in August 2007 causing a reduction in consumer and business spending. These events led to a rise in th..
Recently, Pfizer and Warner-Lambert agreed to a ninety billion dollar merger, thus creating one of the world's biggest pharmaceutical firms. Pharmaceutical firms tend to expend a greater percentage (%) of sales on R&D activities than other industries..
What is Country A's GDP, what is the composition of GDP by percentage, what is the GDP per capita and how does this relate to Keynesian economics?
suppose that the u.s and japan are two ricardian economies. both countries can produce only two goods automobiles and
A firm produces an output y using labor and capital, whose quantities are denoted respectively by x_L and x_K. Suppose this firm's production function is given by
Can discoveries continue to keep up with depletion? Why or why not and is OPEC's power likely to increase, decrease, or stay the same? Why?
Imagine a hypothesized macroeconomy that begins in its long-run equilibrium position - What are the key elements in the natural resource endowment and in the social-political-economic institutions which explain the macroeconomic position of Nigeria..
Compare and contrast John Bates Clark's marginal productivity theory of income distribution with Marx's distribution theory.
Aerotron Electronics is considering purchasing a water filtration system to assist in circuit board manufacturing. The system costs $40,000. It has an expected life of 7 years at which time its salvage value will be $7,500. Operating and maintenan..
Discuss why a firm's long-run costs are minimized when it employs the mix of resources such that the ratio of all of the resources' marginal products to their wage rates are equalized. Employ a graph to illustrate.
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