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Write something about how the economy in your country ( my country is Saudi Arabia ). Tell about economic activities of the past and of the present. When you write about products, services, natural resources, etc., it should be natural to make these things the subject of some sentences in the passive voice.
Evaluate the following policies in terms of their effect on "the greatest happiness the greatest number." (Think about market failures and failures of markets: how do the policies suggested correct problems with the functioning of the market
Suppose that a firm is a perfectly competitive industry has the following total cost schedule: Compute a marginal cost and average cost schedule for this firm.
1. using porters five industry forces map the soft drink industry.2.what are the risks and opportunities of the
Describe the two key tools of monetary policy, and explain how they would be used by the Bank of Canada to implement a contradictory monetary policy.
For the product shown, assume that the minimum point of each firm's average variable cost curve is at $2. Construct a demand and supply diagram for the product and indicate the equilibrium price and quantity.
The Economics in Practice describes the increase in food prices around the world in 2008. Since food, in large measure, affects the real income of households, increasing prices will eventually push up wages and have an impact on the aggregate supp..
in calculating the gdp national income accountants atreat inventory changes as an adjustment to personal consumption
Use Okun's law to determine the size of the GDP gap in percentage-point terms. If the potential GDP is $500 billion in that year, how much output is being forgone because of cyclical unemployment?
1. truefalseuncertain. read the statements carefully. decide whether the statement is true false or uncertain. explain
The poverty rate would be substantially lower if the market value of in-kind transfers were added to family income. The largest in-kind transfer is Medicaid, the government health program for the poor. Let's say the program costs $7,000 per recipi..
Explain the level of resource misallocation comparing the outcome under the Monopoly situation with the outcome under perfect competition
New Light Inc. has just developed a solar panel capable of generating 200% more electricity than any solar panel currently on the marketplace.
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