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Q1. Do protectionist policies benefit producers, consumers, workers, or the government? Explain. Explain how the "Buy American" theme hurts Americans.
Q2. Explain the tools used to pursue expansionary and contraction fiscal policy. During which phases of the business cycle would each be appropriate? b) Explain what is meant by a built-in stabilizer and give two examples.
appliance store are unable to successfully compete also are driven out of business. why does Wal-Mart have a cost advantage over its competitor.
The last printer added 20 books to total output, while the last press added 1,000 books to total output. Is the publishing house making the optimal input choice.
The coach wishes to Conclude how to assign four swimmers to the four different strokes to minimize the sum of the corresponding best times.
Explain how many tickets would the team be able to sell (ignoring capacity constraints) if it behaved competitively and set p = MC. Explain hHow many tickets would it sell -and at what price - if it behaved like a monopoly.
Why do you think macroeconomists focus on just a few key statistics when trying to understand the health also trajectory of an economy.
When the price of wheat rises, the quantity of when demanded falls, and when price of wheat falls, the quantity of wheat demanded rises. Therefore, the demand for wheat is not a horizontal line.”
Explain additional ads show the same response, is the bank running an optimal mix of ads.
What type of economic flow would be illustrated b the purchase of a Mexican candy-making factory by a US company.
Assume that health production is subject to diminishing returns and that each unit of health care employed entails a constant rate of iatrogenic (medically caused) disease. Expalin why would the product of health function eventually bend downward.
Suppose that there is an increase in the demand for personal computer systems. Explain the likely effects on marginal revenue product, marginal factor cost, and the number of workers hired by the firm.
Explain how banks are financial intermediaries. What are reserves? What are excess reserves? Explain how the Fed can affect the quantity of excess reserves in the banking system. Your response should be at least 75 words in length.
Explain why lean manufacturing requires a stable demand environment. Describe how success to successful system archetype works. What should be done about it.
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