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Q1. Are recessions a necessary fact of macroeconomic life? If not, illustrate what would it take to eliminate them? If they are unavoidable, illustrate what types of business can benefit from them?
Q2. It has been said that Marx stood Hegel on his head,. Did Marx do the same to Classical Economics? Evaluate Marx, the various influences on Marxian theory, also the Classical-Marxian links.
Q3. We said that an uncrowned country club golf course has aspects of public good. Why? Is it still a public good if it becomes crowded also people's games are slowed down?
Considering political disposition as an axis of product differentiation does vertical or horizontal differentiation best categorize it.
Elucidate why the first mover will not install a capacity less than 6 or greater than 12.
Suppose that the government is debating whether to spend $100 billion today to address climate change.
Select the most serious disadvantage of globalization (in your opinion) and make at least one recommendation
What are some examples of behavior that at one time wire victimless crimes that are no longer criminal.
Find the output you should produce in order to maximize your expected profits so that you can then determine your expected profits accurately.
Law of demand does not hold since attendance at the major league parks has dropped while at the same time ticket prices have fallen.
If typographical errors occur andomly, about how many pagesin book have three typographical errors. What is the median number of typographical errors per page.
The licorice industry is competitive. Each firm produes 2 million strings of licorice every year. Total cost of strings have an average.
Trace out exactly where this 100 increase in income goes in the second round and compare to our simpler treatment with a closed economy and lump sum taxes.
The factory operation creates smoke that affects nearby homeowners, causing respiratory ailments and similar problems.
Capital stock at the end of the year of this economy to remain constant as the beginning of the year, how much investment is needed.
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