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Unionization adds to the cost of hiring labor, thereby decreasing aggregate supply.
All else remaining constant, what will be the long-run impact on the price level and GDP output?
inflation & economic growth
inflation & no growth
inflation & recession
deflation & recession
deflation & economic growth
______ signals that a downturn is coming, and is a condition to be expected at the peak of the business cycle.
Now suppose the factory develops an innovation that allows it to produce a shirt for the equivalent of 1 loaf of bread. What is the new radius of the factory's market area.
Explain the relevant importance of debt vs. equity financing and the reasons for the mass-media preoccupation with equity markets. Explain the relevant importance of marketable securities vs. non-marketable securities. Explain the relative importance..
Identify trade policies from 1980 to 1989 and discuss the following points: What are the main goods and services the United States traded internationally? What trade barriers were in place during that decade? What are two pros and two cons of the tra..
Stan Money maker has been shopping for a new car. He is interested in a certain 4-cylinder sedan that averages 28mpg. But the sales-person tried to persuade Stan that the 6-cylinder model of the same automobile only costs $2500 more and is a better v..
Explain do you think McDonald's new launch will have a sustainable impact on its bottom line.
What would happen to the amount of economic investment made today if firms expected the future returns to such investment to be very low.
Economists oppose limiting economic growth possibilities because such limits would inevitably involve
The agency decides to hire operators to monitor calls in order to attain the optimal number of personal calls.
If a single bank faces a required reserve ratio of 20%, has total reserves of $500,000, and checkable deposit liabilities of $400,000, what is the MAXIMUM amount of money this bank could create (add to the money supply)?
For what type of goods does law of one price hold quite well. Since PPP rarely holds at any point in time, is re any substantive meaning to terms overvalued or undervalued currency.
Certainly there is a market for violent gaming, but I wonder if there is an ethical line that companies chose not to cross. For example, there are presently several games on the market that allow players to rape women. And then there is the issue of ..
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