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Question
Suppose a national economy has an unemployment rate of 3% and its GDP is growing at the rate of 4% per annum. The Federal budget shows expenditures of $3 trillion, with revenues of $2 trillion. Discuss possible short and long term effects of this budget on the national economy.
A small town in rural lowa has one large factory that employs the workers in the town.Major League Baseball is an example of what labor market model?
Consider a bank run in which large amounts of money were transferred from checking account balances to cash. Would this decrease the money supply? How?
Two mutually exclusive alternatives are being considered for the environmental protection equipment at a petroleum refinery. One of these alternatives must be selected. Which environmental protection equipment alternative should be selected? the firm..
Hulk goes to the gym 20 times a month. His income is $1000 per month and his visits to the gym cost $4 per visit. For simplicity, assume all other goods that Hulk consumes besides the gym costs $10 each. Assume Hulk exhibits diminishing marginal rate..
Define and explain fiscal policy, explain the difference and workings of expansionary versus contractionary fiscal policy, budget deficit versus budget surplus. Describe excessive increases and decreases in aggregate demand; what do they cause, how d..
In a practical money management context, what is a gambler's fallacy? How is it applied to investment selection?
All the big computer manufacturers have little "Intel Inside" logos in their television advertisement.
Suppose Mike and Johnson produce two products- hamburgers and T-shirts. Mike produces 10 hamburgers or 3 T-shirts a day and Johnson produces 7 hamburgers or 4 T-shirts. Assuming they can devote time in making either hamburgers or T-shirts. Draw the p..
What alternatives did UBER have to address regulatory issues when beginning service in new cities
Use a 0.01 significance level to test the claim that the probability that the home team wins is greater than? one-half.
An economy produces hot dogs and hamburgers. If a discovery of the remarkable health benefits of hot dogs were to change consumers’ preferences, it would:
What is the debt ratio? Round your answer to two decimal places.
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