Evaluate market system is profit-and-loss system
Evaluate and explain the following statements: "The market system is a profit-and-loss system." "Competition is the disciplinarian of the market system."
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What is the slope of the budget line for apples and bananas if apples were graphed on the horizontal axis and bananas were graphed on the vertical axis?
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A bond maturing in 7 years pays 8% on a $1,000 face value. However interest is paid semi-annually. If your required rate of return is 10%, what is the value of the bond? What is the value if the interest rate were paid annually?
Explain whether each of the following events will increase, decrease, or have no effect on long-run aggregate supply. 1. The United States experiences a wave of immigration.
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