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What are the elements of global economy that play vital role in a company's existence?
As a result of the Industrial Revolution, British and French financiers built up enormous reserves of capital. Seeking to earn high rates of return on their investments, they helped to finance all of the following except:
What is total surplus and why is it greatest at market equilibrium? Use another example to help. Explain the direct and indirect effects of price floors and price ceilings and why they are inefficient AND unfair. Why do we use percentages in the meas..
In a socialist economic system, people are free to choose an occupation of their choice, but many people work in ___ jobs.
If a nation exported much of its output but imported little, would it be better or worse off? How about the reverse; that is, exporting little but importing a lot?
When considering choice architecture, a nudge:
Suppose that the manager of a paint supply store wanted to estimate the correct amount of paint contained in one-gallon cans purchased from a nationally known manufacturer. It is known from the manufacturer’s specifications that the standard deviatio..
Economists generally believe, and teach their students, that competitive markets (in the sense that we use the term technically) are the best. Why is this the case and why are these markets considered to be superior to monopolies, provide an example ..
Find Equilibrium GDP (Y). If potential GDP is 1950, is the economy in a recessionary or inflationary gap. Suppose that the MPC, falls to 0.75, so C = 0.85DI. Find Equilibrium GDP.
Why is it difficult to analyze the welfare implications of growth in the neoclassical model? What proxy is often used to reach a conclusion about the effects of growth? What leads to the conclusion that, if welfare is to improve with growth in the la..
Which of the following events would unambiguously cause a decrease in the equilibrium price of computers?
Assume that for $1000 you can purchase a stock whose value is equally likely to fall to $700 or rise to $1400.(The expected value of this investment is $1050)Suppose that in addition to investing $1000 of your own, you borrow $1000 and invest a total..
q. the federal reserve expands the money supply by 5a. use the theory of liquidity preference to illustrate the impact
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