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What is the numerical value of the opportunity cost of food in terms of other goods? Write the equation of the Gate's budget line.
How does one avowed political position influence my biblical interpretation? [Note: Politics is about as narrowly conceived in this country as is class.
Problem: If society is producing less than the free market equilibrium quantity of a good, than the market is considered efficient?
What are the two fundamental theorems of Welfare economics? What are the implications of the general equilibrium theory to the mo fundamental theorem?
What role should the government play in our economy? What should the role be. List and explain any advantages/disadvantages
According to act and rule utilitarianism, was Henry David Thoreau's resistance moral or immoral? Would these two ethical theories disagree?
Please explain what you will do now to ensure your profit in the future (i.e., to sustain your prosperity in the long run).
Problem: Describe the evolution, noting trends, episodes and volatility of the inflation and unemployment in Australia?
Given a concave PPC and I-curve in country Y for goods A and B, state the conditions for maximum output and consumption
Can you reconcile these figures with the Harrod-Domar Model? What might be the cause of the economy's poor performance?
Find the profit function for a competitive firm with the production function Y = 10.8 K 0.2 Find the returns to scale of production.
While he survived John remains angry and sues Blue in Negligence. Who will win and why? Explain.
Does this analysis adopt a societal view of costs? How does this practice model align with Osler's 3 key points for a successful practice?
Carefully explain what you think will happen to the real interest rate and the quantity of loanable funds in a recession.
Determine the equivalent total present worth value of preached system during the 12 years operation at i = 15% per year.
Identify only two specific issues related to unemployment. You will study their past trends, provide an overview of their current status
Brief report that critically analyses the labour market outcomes from the three policies suggested by the ACEU.
Critically discuss the export-oriented industrialization in the context of Malaysia's economic development.
How much of each type of coffee will be purchased? How would your answer change if the price of Starbucks coffee was $3 per cup
Use the AS-AD model to explain the short-run impact of the increase in government purchases on real GDP, unemployment rate, the price level
A debt of $20,000 is amortized by making equal payments at the end of every 3 months for 4 years, and interest is 6% compounded semi-annually.
What can that policy do to make the income and substitution effect work in same direction to increase labour supply?
What type of monetary policy could the Bank of New Zealand implement to return the economy to long-run equilibrium?
Using exact simple interest, what is the rate of return they have agreed after the period in percent? Answer in years with round off to four (4) decimal places.
Calculate the new equilibrium level of employment and wage. If a worker in this market works an 8-hour day and plans to spend the entire day's income