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A time series consists of a number of components that are responsible for the variation in the data series. Discuss the importance of the average, the trend, the seasonality, the cyclical, and the random portions of the variation in a data series when trying to forecast the quantity demanded of a firm's product.
Illustrate what factors might explain closer than expected correlation observed.
You are the manager of College Computers, a manufacturer of customized computers that meet the specifications required by the local university.
What measures and tools does Federal Reserve have at its disposal to address economy. What has the Fed employed in the past two years to help economy?
A country with a relatively small + aggregate demand shock (a shift outward in the AD curve) may have a substantial economic boom, but sometimes countries that have massive increase in the AD curve (hyperinflation countries like Germany before WWI..
QuadPlex movie is the only movie theater in Idaho Falls. The nearest rival cenima theater.
Decline in the marginal propensity to consume by -.3 (i.e. MPC = 0.5: people consume half of their income). What is the new value of aggregate income?
Describe why the demand curve facing a monopolist is less elastic than one facing a firm that operates in a monopolistically competitive market.
Provide a graph of the Solow model, indicating the position of the golden rule level of saving (SR), and explain why it is preferred.
Suppose the elasticity of U.S. exports with respect to the real exchange rate is very low
Construct a production possibilities curve for a hypothetical country. Put public capital goods per year on the bertical axis and consumer goods per year on the horizontal axis.
Allied Box offers mail order storage containers for fine china producers. The firm is low-cost provider of these boxes with fixed cost of $480,000 per year,
Given the following information, compute the real interest rate for years 2, 3, and 4. Suppose that each CPI number tells us the piece level at the end of each year.
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