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In the long run, is it true that the economy will always correct itself, leading to a return to the natural rate of output? Explain.
In country B the opportunity cost of 100 gallons of beer is 0.95 tons of cereal. Both countries can experience gains from trade if the exchange rate for a ton of cereal is 96 gallons of beer
On the other hand, the company in China is willing to pay only $135 per unit. What will be the effect on profit of accepting the order?
One of the three ADM executives was actually an informant who tipped off the Feds about this conspiracy. Which executive was he. Why did he rat out his co-workers.
q1. to start this thread do some web research on a company which interests you and which is publicly traded in some
Supporters and opponents of partial privatization of Social Security agree that partial privatization plans would. Corporate welfare” is a term used by
You are the manager of a firm that receives revenues of $60,000 per year from product X and $90,000 per year from product Y. The own price elasticity of demand for product X is -1, and the cross-price elasticity of demand between product Y and X is 1..
Consider the identity S p−I = CA+D where S p is private sector saving, I is investment, CA is the current account surplus, and D is the government deficit. Show the above identity holds. Explain what the above identity means.
Currently in the US there is a demographic trend that has caused dramatic increases in the number of students attending universities¾the children of Baby Boomers have grown up and are ready for college. Campus housing is a fixed good (in the short ru..
Susan, aged 16, owns a rare violin. Eric knows Susan is 16 and contracts with Susan that she will sell him the violin for $1,000 with delivery to take place when Susan is an adult. When Susan seeks to disaffirm this contract, Eric asserts that since ..
Costs for maintaining buildings at an industrial complex over a 13-year period are expected to be $3,932 in year 1, increasing at the rate of 15% per year through year 13. At an interest rate of 15% per year, what present worth (at time 0) is equival..
The interest rate on the mortgage is quite small, and Jenna figures it is a real interest rate of zero, compared to her personal real discount rate of 12% per year. There is no down payment. If the mortgage payments amount to $10,000 (2015 dollars) p..
For this assignment, read the "Three brutal facts that provide strategic direction for health care delivery systems:
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