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What factors might contribute to low or high growth rates in a country? How can sustainable long-run economic growth rate be realized? What are the roles of the government in achieving sustainable long-run economic growth?
Why resources are no longer the most important indicators of economic growth disparity among countries? Which other economic and non-economic factors do you think explain the reasons behind growth disparities among countries?
What is the relationship between economic growth rate and unemployment rate?
Inflation is not the result but the cause of monetary emission. As there's inflation (because of other reasons not important here), people need more money and the central bank needs to print more money. How can you argue against that? As it seems to ..
Describe a skimming price and a penetration price, and advise them whether they should charge a skimming price or a penetration price, with supportive reasoning for and against each pricing alternative.
Why does the MFC curve (also known as the marginal cost of labor curve) for a monopsonist slope up from left to right? In other words, why does a monopsonist's marginal cost of labor curve (MFC) have a positive slope?
The European Central Bank has recently announced a program similar to the quantitative easing (QE) carried out in the USA (see the link below for details). What is the macroeconomic rationale for this? Do you think this program will work in the Euroz..
What are the roles of money? Explain in your own words what each of these roles mean. Which of the roles do the following items satisfy? a. A credit card b. A painting by Rembrandt c. A subway token
In general, the marginal cost (MC) curve is U-shaped as you learned in the lectures and the textbook. However, exception exists. Please provide at least one industry as an example to illustrate that MC is not U-shaped. Explain briefly the shape of MC..
Illustrate what are the three contingent environmental resource evaluation methods also Illustrate what is their significance.
January $40,000, February $30,000, and March $50,000. For each month, prepare the entry to assign overhead to production using a predetermined rate of 80% of direct labor cost.
Utility producing firms often practice second degree price discrimination. How might this help consumer welfare?
How can fiscal policy create jobs? Discuss Can the government make things worse by intervening in markets? Are there other options outside the markets and government that will fix macroeconomic failure? Discuss
If the inverse demand function is P=175-3Q, where Q is the Quantity, P is the market price, and suppose the cost function is , i=1,2. Find: Cournot quantity, price, consumer surplus, and each firm`s profit( Hint: two firms are operating in this marke..
Which of the following is not one of the services the Fed provides to commercial banks? If the price of one good changes while other prices are held constant,
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