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In light of our recent Presidential election, are you now able to see both sides of political policy? If you were a policy advisor and knew that the economy was on the verge of massive inflation, what would your advice be to Congress? You must include the implications (the consequences to business and workers) in your analysis?
what is the consumption function b. what is the equation of the AE curve c. calculate equilibrium expenditure
Consider we did technological change in the class where it does contribute to one side of the production use that to understand the problem.
Illustrate what feature of a PPF illustrates increasing opportunity cost also elucidate why does your PPF not have this feature.
wants to produce 1,000 more garments of clothing, so the economy moves from point A to point B. Illustrate what is the opportunity cost of 1,000 garments of clothing in the range between points A and B.
Using the midpoint method the price elasticity of Demand for a good is computed to be approximately
Representatives were to logroll (trade votes) to get their preferred policy to pass, what would be the result. What are the total benefits from each project.
Barb also Jim run a business which sets up also tests computers. Assume which Barb also Jim can switch between settings up also testing computers at a constant rate
Illustrate what is the effect on equilibrium price and quantity in the market for oranges if a new orange picking machine is developed.
When a society under allocates resources to the construction of a good or service, it indicates
Contraction GAP, Illustrate what does a Contraction Gap imply about the actual rate of unemployment relative to the natural rate.
Do you agree or disagree with the statement which: A monopolist always charges the highest possible price.
Elucidate how this can be possible, in spite of the fact that the exchange itself creates nothing new the goods being traded are still the same as they were before being traded.
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