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What are the roles of government in the market economy? Based on the current economic conditions, to what extent should the government intervene in the market economy?
What are the justifications given in favor of more government involvement in the market economy? What are the reasons given in favor of less government involvement in the market economy?
Provide an example to discuss how special interests can succeed in perpetuating policies that are opposed by the majority of voters because the costs of organizing and motivating groups to take political action increase with group's size.
Lalaland is a country in which labor is the only resource. Labor can be used to collect roses or to build sheds. Lalaland has only six equally productive workers and each worker can gather either 25 roses or build one shed in one day. What is the opp..
There has been a monetary expansion of Rmb2.5tn ($380bn). What is the relationship between money supply, money demand and the interest rate? With the use of diagrams explain and illustrate the effects of quantitative easing on consumption and investm..
The number of parts produced per hour by a worker. when will she be at a maximum productivity.
Boeing just signed a contract to sell a Boeing 787 aircraft to Air France. Air France will be billed €20 million which is payable in one year
Twenty farmers, in a society with 100 people, would collectively gain $100,000 from a farm subsidy. All 100 people would pay the $300,000 cost of the subsidy program. Are the farmers willing to lobby the government in support of the subsidy? Why or w..
What was significant about the minstrel show?
What are some important issues facing healthcare financial managers today? What have you found in the literature that supports your response?
When firms decide to pay efficiency wages, the number of workers who want a job at this higher wage will (increase/ decrease)
It was estimated that the own price elasticity of demand for wine of that type was -1.6. Assuming a straight line demand curve
Distinguish a single-price monopolist from a price discrimination monopolist. What is the logic or rationale for operating as a single-price monopolist and/or price-discrimination monopolist? Provide an example of each.
Derive an expression for average cost. Derive an expression for marginal costs. Is there any range of production characterized by scale of economies. Elucidate what production level are scale economies exhausted.
If your nominal rate of return is 14.38 percent and your real rate of return is 4.97 percent, what is the inflation rate?
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