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The newly privatized entities often have little incentive to restructure their operations to become more efficient when _____.
A. prices are set by the forces of demand and supply
B. they continue to receive subsidies from the state
C. foreign investment is permitted by the state
D. there are faced with intense foreign competition
Federalism and the Individual. How does federalism affect policy development? How then does policy development affect the rights of the individual?
Electrotech, a maker of household smoke detectors, buys resistors for its smoke alarms for $.15 each. The resistor manufacturer marks-up the resistors from $.10. Does the resistor manufacturer’s mark-up necessarily represent profit?
The slope of the AE curve is .80. What is the expenditure multiplier? Everything else the same, by how much does equilibrium aggregate expenditure increase if
Explain why monopolistically competitive firms frequently prefer nonprice competition to price competition.
What value of "C" make the deposit series equivalent to the withdrawal series at an interest rate of 9% compounded annually?
Taxes and negative externalities? Taxes on negative externalities are intended to make consumers / producers pay the full social cost of the good. This reduces consumption and creates a more socially efficient outcome. Agree?
A firm in a purely competitive industry is currently producing 1,000 units per day at a total cost of $450. If the firm produced 800 units per day, its total cost would be $300, and if it produced 500 units per day, its total cost would be $275. If e..
In 300 words, define what is meant by Civil Liberties vs. Civil Rights and how they are different;
A wealthy businessman wants to start a permanent fund for supporting research on sustainability. The donor plans to give equal amounts of money for each of the next five years, plus one gift now (i.e., six donations in total), so that $100,000 per ye..
Suppose a liquidity trap exists and output is below its natural level. Graphically illustrate and explain if the economy can return to its natural level using the AS-AD model. Will the economy be able to adjust and “fix itself”in this circumstance? I..
Imagine you come back to your economics class in the year 2050. How will the textbook describe money and banking? Based on trends you see today, make a prediction for the future of money. Explain why you think this trend will occur and how it will af..
Assume that the following data characterize the hypothetical economy of Trance: money supply = $190 billion; quantity of money demanded for transactions = $160 billion; quantity of money demanded as an asset = $10 billion at 12 percent interest, incr..
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