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Economics Questions
1. If exports are $500, GDP is $8000, government purchases are $1200, imports are $700, and...
What is the cost of production of “labor power?” What is “necessary labor?”
Countries are exposed to a wide range of global microeconomics challenges and uncertainties, both cyclical and...
MEASURING ECONOMIC PERFORMANCE: A) The expenditure approach; B) The Income Approach; C) Problems with GDP as...
The Once-ler produces Thneeds (which everyone needs) in a factory that also produces pollution. The more...
Assume real per capita GDP in West Swimsuit is $6000 while in South Darlinia it is...
26. Consider an individual with preferences given by the formula U = LY. Suppose the total...
Briefly explain the reason for the near-horizontal shape of the SRAS curve on its far left....
What could the impact of CFTA be on Africa?
Suppose that the Federal government decides to reduce the tax advantage of municipal bonds, relative to...
(a)Explain the usefulness of lead variables in macroeconomic forecasting (b) Compare the Bretton Woods Vis-a-vis the...
In the short-run, the effect of an expansionary monetary policy on the output level is very...
If the multiplier is 20 and income increases by $1000, then saving will increase by A....
Case Study Assignment: Submit a paper answering the following questions: 1. Each student will research 2...
As firms grow, the tendency and common expectation is for economies of scale to take over....
Some farmer groups want the government to legislate minimum price laws for their product – much...
The aging population may be a problem in labour supply. Discuss
Public goods are often thought to be goods or services that are provided by the government,...
Service marketing : please show solution clearly Competitive advantage is the unique advantage a firm has...
Discuss the implementation of price ceiling in Malaysia. Any one give me 2 cases from news...
When does elasticity of supply increase?
A woman from British Columbia, Saliha Alnoor, recently sued Colgate-Palmolive, alleging that she was injured by...
In some countries there is a concern that the government will run large budget deficits and...
Suppose that, in a market of a certain good, there are two firms that are engaged...
Suppose there are four gas stations in town. The quantity firms are willing to supply each...
What is abstract labor? Is it substance? Is it inherent in individual use values? How should...
Step 1: Read the following questions, and use what you have learned about how the economy...
Power Tool company expanding to China develop a plan for strategic objective years.
What is long-run equilibrium and how is efficiency related to it? (Draw and label)
Given a closed, private economy where aggregate demand (AD) can be represented as AD = c0...
1. Pick out an industry (automobile, airline, utilities, cell phone carriers, etc). Answer the three questions...
There are several computer component makers but only two big business firms in Country X: Computer...
Consider a 3-year bond that pays a coupon of $500 at the end of each year....
How much money must be deposited in saving account each month to accumulate $25,000 at the...
Question 1 I often hear people say that if they owned a business, they would lower...
Suppose an economy’s real GDP is $30,000 in year 1 and $31,600 in year 2. What...
A person is said to be risk averse if he or she prefers a certain amount...
Evaluate a specific government action in the light of economic theory and Christian ethics. In your...
1) Jill uses some euros to purchase a bond issued by a French vineyard. This exchange...
Although the government from the state to the local level is clearly unitary, local finance is...
Assume that the City Council in Prescott, Arizona is considering implementing price ceilings on rental units...
In 2017, Facebook's "People Insights" blog published a post titled "What mends a broken heart on...
1. Are you in favor of legalizing the sale of kidneys? Why or why not? (at...
Identify one issue from the weekly reading and create a Legal Issue Brief. Your brief should...
Khalid lived in a residential area some distance from where he worked. One morning, he found...
Socialization in short is learning "how to be" or learning how one is supposed to act...
Explain how each of the following events changes the demand for or supply of airline tickets....
What has increased more over time: pre-tax income inequality, after-tax income inequality, or post-after-and-transfer income inequality??
Read the following statement and discuss if you agree or disagree, and your rationale: If the...
Explain in a few sentences. Why is Karl Marx considered to be such an important figure...
Pizza of Gaithersburg and The Pizza Shops (Pizza Shops) contracted with Virginia Coffee Service (Virginia) to...
26. If the income elasticity of demand is -0.80 and the quantity demanded increases by 10...
Last year, Jarod left a job that pays $60,000 to run his own bike-repair shop. Jarod’s...
every person's and ultimately every economy's standard of living depends on the effective use of resources...
Do you think there are some scenarios where a price ceiling or price floor could be...
Why is it important to review these kinds of case studies when we are contemplating solving...
For this question, suppose the economy is entering a recession. (a) Use the Liquidity Preference (Money...
24. When demand is infinitely elastic (ceteris paribus), and there is technological advance which shifts the...
Explain how diminishing marginal utility results in the need for consumers to make choices. How does...
Suppose the following are the MSB and MSC functions for PSD and nonattainment areas in Denver,...
1. The table below shows the quantity demanded and supplied on barley for each price per...
According to Irving Fisher equation, when velocity of money and output are fixed, the monetary authority...
Suppose you are a manager of a firm that operates in a duopoly. Recently, the state...
What is the difference between absolute and comparative advantage? If Country A has an absolute advantage...
1.Explain Arthur Lewis's thereof surplus labor and economic development and critically examine and evaluate this theory....
Chapter 16: In the News Wires in your Chapter 16 text, discuss why it takes so...
Suppose that a technophile is willing to pay $800.00 now for a new iPhone 11, but...
A lawyer is suing a structural engineer on behalf of a client for $250,000 who’s garage...
1) For a linear preference function u (x, y) = x + 2y, calculate the utility...
1. What is the effect of lower interest rates on aggregate demand? Select the correct answer...
A general strike by American Airline pilots will probably cause changes in the market. Show the...
Exercise 4 Suppose that cheese and ham are perfect substitutes and that they are produced by...
Explain why the classical economists thought there was no inherent tendency in the market system to...
Costs associated with the manufacture of miniature high-sensitivity piezoresistive pressure transducers is $73,000 per year. A...
6. Consider that the general demand function for a product X is estimated to be ...
True or False? Please explain shortly and make sure of the answer. Thanks. 17. A recession...
2) A news released proved the inefficiency of hybrid vehicles. However, 2 months ago the number...
should there be a period at the end of a title
Brenda Brandt was admitted to Sarah Bush Lincoln Health Center to receive treatment for urinary incontinence....
1. List and explain the functions of money. 2. List and explain the components of the...
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