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Home Q & A Board Other Fields Homework Help Business Economics
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rylie4.4 rylie4.4
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6 years ago
Explain how the global financial crisis of 2007-2009 was the result of macroeconomic imbalances.
 
  What will be an ideal response?


Question 2 - Internal economies of scale means that
 
  A) firms are experiencing lower average production costs due to a geographical concentration of firms in their industry that make it cheaper and easier to hire highly specialized workers and inputs.
  B) firms will have lower profits after international trade begins, because costs will be higher than when they just focused on the domestic market.
  C) consumers will have less choices once trade begins, because firms will be squeezed out of the market.
  D) expanding the size of the market the firm serves reduces overall per unit costs, since the firm can spread costs over more output.


Question 3 - Many economist believe that misguided macroeconomic policies did more to create the Debt Crisis of the 1980s than ISI.
 
  Indicate whether the statement is true or false
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MelisaericksonMelisaerickson
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6 years ago
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rylie4.4 Author
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6 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
larrybrads
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Yesterday
You make an excellent tutor!
Mcb
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2 hours ago
This site is awesome
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