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Why might an accounting-based control system provide headquarters management with biased information about the performance of a foreign subsidiary? How can these biases best be corrected? ( in your own words please )
with monetary policy for closed, it is hard for authorities to stimulate demand. Interior design does this show that currency-board regime was a mistake.
During the recession of 2001, despite the reduce in aggregate Demand the price level was essentially stable. That of the following is a reason for this.
An American worker and German worker can each produce one car per month. An American worker can produce two tons of grain per month, and a German worker can produce one ton of grain per mont. Calculate what the optimal trade would be for these two co..
How are prices determined under perfect competition? Think about a firm that you have done business with recently. What industry does this firm belong to? For example, McDonald's is a firm in the fast food industry. What market structure would this i..
Can the Federal Government discriminate among states when setting tax rates? Explain the main characteristics of the libertarian ideology. Do they have an Organic or Mechanistic view of government? Explain concisely what a natural experiment is and i..
In 1986, John Deere was building a capital intensive factory to produce large, four-wheel-drive farm tractors. Then the price of wheat dropped dramatically, reducing demand for these tractors because they are used extensively for harvesting wheat. Ca..
Define what is any arrangement that enables buyers and sellers to get information and do business with each other?
The Laspeyres price index uses the old quantities for the weights. In the base year, good 1 cost $2 and good 2 cost $1. The current price of good 1 is $7 and the current price of good 2 is $2. In the base year, the consumption bundle was (x1b,x2b) = ..
The long-run average-total-cost curve shows. Total fixed costs generally decline as output is increased. Average total costs tend to be U-shaped. As output increases, average variable costs converge to average total costs.
What is Marginal Utility? Why does it diminish? Explain verbally, and using appropriate math/symbols, the slope of the indifference curve. Write out the equation for and explain the “Consumer Equilibrium Condition” or, as it is sometimes labeled, the..
Cee Company in Canada agreed to sell 10,000 “New coffee percolators in the manufacturer’s original packaging, with standard manufacturer’s warranty,” from Schwartz, GmBH. Schwartz agrees to ship the percolators CIF, and Rousseau agrees to make paymen..
Which of the following is not an example of a "lag" that diminishes the potential impact of fiscal policy?
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