Question: Please answere in at least 4-5 sentances: According to Keynes, "In market economies depressions are caused by the exhaustion of investment opportunities and the rigidity of saving." Explain. Would it be fair to ...
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Question - Suppose a country has a national debt of $5,000 billion, a GDP of $10,000 billion, and a budget deficit of $100 billion. 1) How much will its new national debt be? Compute its debt-GDP ratio. 2) Suppose its GD ...
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Question: Optimal Input Level. Smokey's Garage, Inc., provides routine auto diagnostics for customers in the Atlanta, Georgia, metropolitan area. Tests are supervised by skilled mechanics using equipment produced by two ...
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Question: 1) Discuss what is meant by the term risk assessment and describe the steps that constitute risk assessment. In your answer, please also discuss human exposure assessment and how it is similar and different fro ...
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Question: These are two essay questions. Please select one of the two questions. Note, that question #1 has multiple parts; if you select that question, you must answer all parts of the question. Question #2 has two main ...
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Question: Over the next three years, a firm is expected to earn economic profits of $120,000 in the first year, $140.000 in the second year, and $1000,000 in the third year. After the end of the third year, the firm will ...
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Question: The demand curve for round trip air transportation between cities is given by Q= 5,000P^-0.8 X^0.2 y^0.5 z^.2 where P is price, x is flying time, y is air distance, and z is total population in the two cities. ...
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Question: When the demand curve is in the region of price inelastic, raising prices will increase revenue. So should a firm ever stay in the region of price inelastic or should they increase prices until price elasticity ...
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Question: Assume that there exists an unlimited number of different approaches to developing a new drug, each costing $1. The probability that the drug will be discovered by at least one of the approaches is increasing i ...
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Question: Assume that I arrange a $100 loan from you at 10 percent real interest, and we both expect 20 percent inflation over the next year. What will the nominal interest rate be on that loan? Now assume that you lend ...
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