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The national debt doubled in nominal terms during a time when the GDP Deflator increased from 200 to 300. This implies that the national debt: is smaller in real terms, has more than doubled in real terms, has increased in real terms, but it has less than doubled?
Due to the changing environment and external triggers, contingency planning is necessary. What qualities make a future issue a “trigger”? Consider you are on the strategic planning team for a soft drink company. Here is your company’s future trigger:..
Is it reasonable from an economist's viewpoint to minimize the role of the government in accordance with Nozick's moral argument.
While grading a final exam, an economics professor discovers that two students have virtually identical answers. Illustrate which outcome do you expect.
Smith likes cashews better than almonds and likes almond better than walnuts. He likes pecans equally as macadamia nuts and prefers macadamia nuts to almonds. Assuming his preferences are transitive, which does he prefer:
Kath has $80 (income M) to spend on pizza (good 1x) and coke (good 2x). The price of a slice of pizza is $4 and the price of a can of coke is $1. If Kath buys only pizza, how many can she buy? Formulate the intercept-slope equation of Kath’s budget l..
q1. given the choice between a1000 p 1.0 and b1200 p0.90 kathy prefers gamble a. does this mean she is risk averse?
the government imposes a limit on what producers may charge. cite at least two other ways the consumers may be "paying" for these goods
If the market of a certain product experiences a decrease in supply and an increase in demand, which of the following results is expected to occur?
what is the wage, quantity hired, wage plus employer taxes and wage minus employee taxes if employees pay a $6 tax?
Is there a property rights policy that would address the issue of climate change? If so, describe it and explain why it would work. If not, explain why not.
Why does a teacher earn less than a firefighter? Why does a union electrician earn less than a non-union electrician?
How much the person should get? And is it taken from any person who works in US? My country is paralyzed to impose this tax due to oligarchs heavy influence. I just wanted to gain some knowledge.
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