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"Senior citizens deserve an income that will allow them to live in comfort for their remaining years." This is
a. neither a normative nor a positive statement
b. both a positive and a normative statement
c. strictly a macroeconomic issue
d. a positive statement
e. a normative statement
a tax imposed on imports is calleda tariffa quotaa comparative advantagean excise taxquestion 2this result proposes
Describe the slope of the isocost and isoquant curves, and hence derive a relationship between the productivity of capital and the productivity of labour.
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assuming economy is in a long run equilibrium, show fraction of total output earned by labour and fraction of total output earned by capital. Explain why, in long run, firms make zero economic profits in this economy.
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What is the expected profit of simultaneously pursuing both programs.
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q.male and female turtles may experience different serum cholesterol concentrations in their blood. provide an
Calculate the equilibrium interest rate by setting the demand for central bank money equal to the supply of central bank money.
Elucidate the relationship between MC and AVC that causes MAC to intercept AVC at AVC lowest point with economics.
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