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name the two actors in the basic neoclassical or traditional microeconomic model of economics and identify the assumptions the model makes of these
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list two advantages of markets identified by the authors of the textmarkets can be a significant way of allocating resources markets include
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assume you see that two macroeconomic variables are correlated with each other but you want to know if theres an underlying or causal
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explain how monetarist economics views the role of markets and government intervention in fighting business cyclesmonetarist economics believes that
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the goal of sustainability requires that we address what three questionsthe goal of sustainability needs that we address whether economic activities
why is the goal of stability and security important to many people what problems typically emerge during periods of instabilitythe instability
once countries already have a high level of production how might they achieve living standards growth once countries achieve a high level of
what are the three basic economic questions that economists often address when examining how much economic output is formedthe three basic questions
how have economists traditionally defined economic growth and how is that different from living standards growth economists have traditionally
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toms pizza sells for 500 ea and serves an average of 425 customers per week during a recent sale tom lowered the price to 400 per ea sales
the word length should be between 1200 to 1600 words please submit a hard copy with a coversheet to the lecturer at the commencement of class in week
a 5-years rs100 debenture of a firm can be sold for a net price of rs 9650 the coupon rate of interest is 14 per cent per annum and the debenture
q asymmetric information - insurance marketsin the united states health insurance is usually provided for employees through contracts between the
most lotteries in the united states pay their winnings over time for illustration a million-dollar winner will receive 100000 initially and the rest
consider that the government tells a large monopolistic firm that maximizes profits that it has to pay a fee to the reelect the president committee
q food purchases are relatively price inelastic since food is a necessity if food is so required for life how will we explain the heavy advertising
fill in the column of marginal products what pattern do you see how might you explain it b a worker costs 30 per day and the 3939firm has
because of your reputation as an expert in economic analysis you have been hired as vice president of a business consulting firm named economists r