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What is the national debt (explain it, don't give the number)? Is it something citizens of the U.S. should worry about? Is it something our country's leaders should worry about? Defend your answer with reasons.
1) The table below shows the consumer price index (CPI) over several years for South Africa.
capitation payers and provider behavior please respond to the followingsuggest at least one 1 method by which
Why is investment spending not equal saving in the circular flow?
the latest economic news was not very positive. unemployment rates were higher than expected consumer confidence had
1. Suppose inputs are only substitutable at two units of labor for every one unit of capital, and one unit of output is produced for every unit of labor or ½ unit of capital. What would be the equation for the production function? What is the ..
Suppose a cafe owner wants to switch to automatic espresso machines instead of paying. Explain how the equilibrium price and quantity of labor will change.
if the policy interest rate is near zero what less conventional monetary policy tools might a central bank ue to
Consider the following pair of goods. For which of the two goods would you expect the demand to be more price elastic? Why? Gasoline over the course of a week or gasoline over the course of a year. Personal computers or IBM personal computer
The economy is in a boom and the inflationary gap is large. Describe the discretionary and automatic fiscal policy actions that might occur.
Summarize the article using at least three economic terms and theories covered in class - Identify the impact of the policy on Demand or Supply of the good(s) or service(s). Discuss the change(s).
If an additional unit of capital is invested, it will yield a marginal product equal to 0.06, the mark-up is 20 percent and the depreciation rate is 3 percent.
How is it possible for perfectly competitive firms to maximize profit in the short run versus in the long run? Provide an example from your own work experience.
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