"The line distinguishing external from internal goals can be fuzzy." Discuss

What will be an ideal response?


This statement is true. For example, employment target for export industries when export growth influences the ability of the economy to repay its foreign debts.

Economics

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For a competitive, profit-maximizing firm, the labor demand curve is the same as the

a. marginal cost curve. b. value of marginal product curve. c. production function. d. profit function.

Economics

Explain the theory that education acts as a signaling device. How does this contrast with the theory of education as an investment in human capital?

Economics

In the United States, the average replacement ratio associated with unemployment insurance benefits is

A. 80%. B. 100%. C. 35%. D. 10%. E. 50%.

Economics

When MFC < MRP, a firm in a competitive market will

A. earn fewer profits. B. layoff workers. C. stop hiring more workers. D. hire more workers.

Economics