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1) Why are Cost Minimization and Profit Maximization on paper the same but in application different?
2) What are movie subsidies and why are they more inefficient than other government aided investment?
3) Why do Green laws undermine the idea of deflation and help create the reverse?
Suppose past year's real GDP was $7,000 billion, this year nominal GDP is $8,820 billion, and GDP deflator for this year is 120. Determine the growth rate of real GDP? Does this demonstrate an improvement in economic welfare?
Explain how many hours of work is the consumer working. What is her income.
Suppose as well, that all voters favoring liberal candidates will vote, while only 50% of those favoring conservative candidates will vote. Create a graph to show how the political equilibrium will differ from an election in which all citizens vot..
As an worker of the World Bank you have been asked to research requires of a country with a particular economic concern.
What is the productivity growth in this economy? If you had lacked information on growth in the quality of the labor force, and you had therefore assumed that labor quality was not changing (i.e., that h'= 0.0), how would your answer to part (c) ha..
A price-discriminating monopolist of the 3 rd degree sells output in 3 different markets. Some, but not all pairs on the 3 linear market demand curves are given below.
Explain how will different cultural perspectives of a region impact your global business operations.
Show that the government can achieve the social optimum by setting the correct tax prices a, b, and c. What prices should it set?
Discuss how the economic crisis of 2008 impacted the findings in the 2009 Crime Report. Given the significant increase in mortgage fraud, discuss ways this can be deterred in the future.What financial areas do you will think will emerge with signif..
What is business cycle? Describe the four phases of the business cycle. Where on the business cycle do you think the U.S. economy is today?
Explain the law of diminishing marginal utility and Why are there so many more proprietorships than corporations, yet corporations account for so much more of the sales of business firms in the country?
Assume you do not think that the statement does have any credibility. Illustrate what is the expected impact of the resulting policy on your business.
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