Why would domestic markets benefit from protectionist trade policies? Why is it that some economists are suspicious that some of those who claim they are for free trade, but fair trade are not really championing the cause of free trade? Why do some economists prefer multilateral agree...
a. Sunk... Question: According to economists, which of the following should be ignored when making decisions? a. Sunk costs b. Marginal costs c. Explicit costs d. Science Sunk Cost: In economics, sunk costs refer to the costs ...
When you make a claim as large as this and you’re not a permadoomer, it’s usually good to ask the question: what would it take for me to be wrong? So far as I can tell we would need to assume the following for my thesis to be incorrect. The enormous increase in debt issuance...
Certainly, Verizon makes no claim to be able to restore Yahoo to its former glory. Rather, it reckons Yahoo could help buttress its main business of selling mobile-phone subscriptions.威讯当然没有自称能让雅虎重现辉煌。相反,它认为雅虎可以巩固其移动通信主业。... he finds that inequality within ...
“rational” behavior that has endured so long only because of its mathematical convenience and its ideological power, justifying the facetious claim that so-called market economies are driven by the sovereign dispersed power of the consumers and not the concentrated power of corporate producers and ...
Why do economists claim that we should not worry about a 7% inflation? Explain why classicalists believe there is no long run trade off between unemployment and inflation. Explain why a "self-correcting" recessionary gap cannot be relied...
e. affects potential GDP in the short runFiscal Policy:The fiscal policy is all about expenditure, budget, and revenue of the government. This policy is known with the name of sister policy to the monetary policy. Both policies are very important for an economy. The fiscal policy is made ...
Chapter 62/ Lesson 1 3.1K Periods of economic growth are those in which people are working and spending more and moving the economy toward its full potential output. Explore how economic productivity leads to growth, and how monetary and fiscal policy control growth in order to prevent infl...
Explain which good that economist contributes generally, if the government wants to maximize revenue and minimize welfare loss. What policies can the government of a free-market economy implement to stimulate economic growth? Who are some free market adherents who argue that...
Why do economists claim that we should not worry about a 7% inflation? Why do some economists advocate taxing consumption rather than income? Why do economists disagree about the likelihood of a hard-landing? Why don't economists care about the balance of trade any more? Why are some econo...