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Question
Discuss advantages and disadvantages of using plastic vs. glass for bottling at distilleries and the impact of using glass and plastic on people, planet, and profit.
What Macroeconomic concepts are driving the Canada Pension Plan enhancements to provide a 1/4 replacement income benefit
Draw the relationship between total utility (pleasure) and money for a risk-averse individual.
Consider the aggregate demand and aggregate supply model with three ranges. In which range will an increase in aggregate demand cause an output and employment increase without causing inflation?
Describe two factors contributing to the gender pay gap. Write one equation or one graph for each.
What is the present worth (at 12%) of maintenance costs that start in year 1 at $4500 per year and then climb by $225 per year when the warranty expires
What is more important for capitalism - economic freedom or private property? Why?
Which of the following statements is true about the short run and the long run? When marginal product is rising we know that
If a political candidate said that if she were elected to Congress, she would work toward cutting federal government spending by one-third over the next four years; would she stand much chance of fulfilling her promise? Why or why not? Discuss the pr..
Snow peak Ski Resort offers a price for a lift ticket that is barely over its marginal cost, but the high equipment rental fee keeps generating big profits. Which pricing strategy is the management using?
What is the liquidity trap and why is it so dangerous? How does expected deflation set a floor on the real interest rate that the Fed can set? Why is fiscal policy crucial in a liquidity trap? What is meant by a deflationary spiral. Be able to use th..
A country with a civilian population of 100,000 (all over age 16) has 80,000 employed and 10,000 unemployed persons. Of the unemployed, 2,000 are frictionally unemployed and another 4,000 are structurally unemployed. What is the size of the labor for..
A prominent senator has calculated the total social benefit of the currant amount of space exploration at $3 billion per year. The total social cost of space exploration is currently only $2 billion. The senator argues that there would be a net gain ..
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