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Q. What describe the distribution of national salary among labor and capital in a competitive, profit-maximizing economy with constant returns to scale?
Q. In your opinion, are labor unions more helpful or hurtful to the economy? Explain your answer. While constructing your response, consider both the worker's and the firm's perspective and provide an example.
How macroeconomic equilibrium does an economy achieve. Elucidate what affect does a high level of inflation have on macroeconomic equilibrium.
Illustrate what is the fed funds rate in the banking system. Explicates howthe Fed manipulates this rate in order to achieve macroeconomic objectives.
Given the difficulties which the regulation of public utilities faces that would it not is better to nationalize public utilities as several European countries have done.
Suppose instead that the marginal mining cost increases with the amount mined. Illustrate what is now the e¤ect on gold consumption and mining of an increased use of gold as money.
First National Bank receives a deposit of $5,400. If there is no slippage, explain how much could the money supply expand.
Discuss the Federal Reserve's assessment of the current economic activity and financial markets. Elucidate the Federal Reserve's current view about inflation.
Which of the following statements best describes the concept of a binding price floor. Suppose that the equillibrium price of donuts is $1.00 per donut.
How does the concept of prospect cost apply to production possibilities curve analysis. How do these decisions differ between capitalist also socialist systems
A industry is currently operating where the MC of the last unit produced = $84, and the MR of this unit = $70. What would you advise this firm to do.
calculate the profit maximinizing output. calculate the economic profit earned. Illustrate what is the industry for product equilibrium.
If you turn this measure of cost around, illustrate what is the prospect cost of cheese in liters of milk per gram of cheese.
The market basket utilized to calculate the CPI in Aquilonia is 4 loaves of bread, 6 gallons of milk, 2 shirts also 2 pairs of pants.
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