When the economy of a country is operating close to its full capacity unemployment is close to zero. the unemployment rate is greater than the natural rate of unemployment. O cyclical unemployment is close to zero. the unemployment rate is less than the natural rate of unemployment.

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A: International trade: - it means the buying and selling of goods and services with other countries.

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A: The answer is as follows:-

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A: The basic Difference in Differences (DiD or DD) approach entails comparing data from two groups over…

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A: In the mentioned question both players plays their game together and get their best payoff.

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A: * SOLUTION :-  Given that ,

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A: Diminishes awareness of outside market compensation rates. Broadbanding prompts the absence of…

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A: Production is an activity that employs labor, capital, products, and services as inputs to generate…

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A: Introduction Two oligopoly firms has given. Firm 1 is low cost firm and firm 2 is high cost firm. i)…

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A: The business cycle illustrates the interval of expansion and recession in economic activity.…

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A: In a market, when an organization operates its business, it makes decisions according to the market…

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A: Opportunity cost is the loss when selecting one alternative over the other.

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A: (Q) On the day his son was born, a father deposited to a trusted company a sufficient amount of…

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A: Net Future Value (NFV) is the value in the future of a series of financial streams. At its core, it…

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A: Introduction Capital budgeting refers to investment decision so that maximum profitable can be…

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A: The curve that depicts various quantities of goods and services at different levels of price is…

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A: Monopoly creates deadweight loss as it charges high price and produce low quantity of output.

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A: Marginal benefit, also termed as marginal utility, is defined as the highest amount which the buyers…

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A: Standard of living:-  A country's or nation's standard of living is a representation of the…

Q: Suppose that Great Britain and the United States are trading partners. Assume that the initial…

A: Exchange rate refers to the rate at which the currency of a country can be exchanged to the currency…

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A: Public good is the good which is available for all the members of the society. The two main…

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A: Answer -

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A: *Answer:  Comparative advantage: When a country is producing the output in which their opportunity…

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A: when the real GDP is less than the potential output, the economy is in recession and the…

Q: Productivity is defined as the quantity of a.    labor required to produce a nation’s GDP. b.…

A: GDP is the market value of final goods and services produced by an economy during a given period of…

Q: Which of the following is an example of an excise tax? O a) cigarette tax O b) social insurance tax…

A: Excise tax is the tax which consumers don't pay directly to the government. It is an indirect tax.

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A: Bond means debt security.

Q: 1. Why is the marketing concept sometimes difficult to implement in firms?

A: The detailed answer is as follows:-

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A: The use of the government spending and the tax policies to impact economic circumstances, notably…

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A: The aggregate demand curve shows the inverse relationship between the price level and the total…

Q: 1. Use the following information from a fictional economy: Consumption,C= 250 + 0.8 Yd Investment, I…

A:

Q: Topic: Inflation   Assuming an average inflation rate of 6% during the past 10 years, how much…

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A: The Rules Committee of the United States House of Representatives is a subcommittee of the House of…

Q: 2.8

A:

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A: MRS(x1; x2) = p1=p2, as all agents face the same prices, they adjust their consumption to maintain…

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A: a and b part only))hand written plzzzzz...othereise skip

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A: A central bank's quantitative tightening (QT) (or quantitative hardening) is a contractionary…

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A: Money has a lot of valuable functions.  Medium exchange means that money can be exchanged for…

Q: Karen and Sophia want to buy a $225,000 home. They plan to pay 20% as a down payment, and take out a…

A: Note: We will answer the first 3 subparts of the question as the exact one was not specified. Please…

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A: Investment refers to the process of saving and putting in a certain sum of money into a process. It…

Q: ._______ Income that is left after savings, food, clothing,and housing are paid.

A: In economics, income is defined as the payment made to labourers for the services they deliver. Rent…

Q: list of the ways competitiveness can affect the quality of life.

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A: Real GDP in 1981 is $800 Real GDP in 1988 is $1600 Time period= 7 years

Q: Explain the four kinds of utility.

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A: Diseconomies of Scale : Diseconomies of scale can be defined as that situation when as output…