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What is the opportunity cost of a company who spends $1million dollars to build a new branch plant that will probably be in operations for the next 10 years?
"Governments should play active roles in managing short-run instability in the economy caused by unemployment and inflation problems." Do you agree with the above statement
continue to produce the level of output at which marginal revenue equals marginal cost. increase output to minimize its losses. reduce output to the level at which price equals average variable cost to minimize its losses. shut down to minimize it..
What is a monetary system in which paper, money and coins had the value of certain amounts of gold?
1 explain why the aggregate supply curve becomes increasingly steeply sloped at levels of rgdp near full employment and
If you need a rate of return. Illustrate what is the highest price I should be willing to pay for this stock.
Among which of these methods of encouraging growth would you suggest to a newly industrialized economy.
1. Jack Sprat can eat no fat, his wife can eat no lean." Construct an Edgeworth box diagram for this pair (assuming fixed quantities of "fat" and "lean") and indicate the contract curve.
Consider the following economy with Ta = 500 and YA = 10,000. 1) If G = 3500, Derive the equation of the BDA as a function of t (tax rate). 2) Find the tax rate at which the country will be running a budget balance.
Find the velocity given that the market is in equilibrium. MD1 is the relevant curve and it is given that the real GDP is 30,000.
Identify and define three components of a country's balance of payments. Describe the historical process of trade barrier reduction.
At many colleges and universities, businessprofessors receive higher salaries than professors in othersfields. Why might this be the case? Use the Internet and thereadings to answer this question and provide examples.
Illustrate what happens to the supply curve and the equilibrium point when a new technology improves a production process.
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