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Question
While monetarists believe that prices and wages are flexible and will change according to supply-demand factors, new classical economists believe that prices and wages are more "rigid" in today's economy. What might be some factors that lead the classicals to think that prices and wages today are less flexible than the monetarists think?
What is the maximum amount of dollars that he could borrow in period 1? Find the real value of this amount and add it to the rental value of period
Illustrate and fully explain using an example of relevant cost (a cost whose value does affect the optimal decision) and an example of irrelevant cost (a cost whose value does not affect the optimal decision) to the business regarding this decisio..
Compare the common perception of how a tax rate cut affects tax revenues with economist Laffer's theory and please discuss it in 2-3 paragraphs
Explain the government uses policies like student loans and free trade to influence the economy's growth rate.
Distinguish between a customs union and a common market - Explain why there has been a growth in the underground economy of the United States.
What other factors besides price might be included in this ewuation ? Do you foresee any difficulty in obtaining these additional data or incorporating them in the regression analysis?
Corporate America has been accused of spending the last 30 years seeking out ways to reduce, or increase the efficiencies of its, labor force resource requirements.
Assume we have two economies. Economy A has a level of GDP per capita of Ya(0) which is higher than Yb(0) but it is growing at a yearly rate of ga which is lowe
What are the strategic alternatives to diversification? Under what circumstances might these alternatives yield better results than diversification?
What is the probability that a patient would have to wait between 75 minutes and 2 hours? (Round your answer to two decimal places.)
Bigjet plans to launch a weekly flight on a long-haul route. It faces four sets of decisions corresponding to short-run, medium-run, long-run, and very long-run operations.
Define unemployment and describe the typical types of unemployment in a economy. Research and identify the types of unemployment in the chosen economy.
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