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What is the term for the value of the next best alternative that we give up when we make a choice or decision?
The biggest decision that Janet Yellen has faced in her year-old Federal Reserve chairmanship was laid bare in a single report on the domestic job market released Friday.The unemployment rate fell to 5.5 percent as job creation continued at a strong ..
because of the great recession applications to the supplemental nutritional assistance program snap soared.the program
Effects on the exchange rate among the British pound and the Japanese yen.
Discuss wage determination in a labor market in which workers are unorganized and many firms actively compete for the services of labor.
Suppose that when the price of coffee increases by 40%, the percentage change in quantity demanded by consumer is reduced by 10%. Calculate the elasticity.
Next, consider the follwoing three scenarios and to describe the likely effects of an activist policy in both the short and long run.
In the context of the IS-LM model, what is the effect of each of the following on equilibrium output and the real interest rate? Explain why these effects occur and show graphically.
What are some of the issues economists study, and why is economics often called "the science of choice"? What are the foci of inquiry in microeconomics and macroeconomics respectively?
"Human Welfare is the subject of Economics." This statement is said to be associated with the name of which of the economists?
The Fed should simply raise the money supply at same rate that full employment economy increase, and the government should desist from any stabilizing urges.
Suppose that the assumption in key concept are satisfied. Show that X i is a valid instrument. That is, show that key concept 12.3 is satisfied with Z i = X i .
Illustrate what are the dominant industries and or corporations, and who controls them. What is the trade relationship between your country and the United States.
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