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In 2012, Jeff Fettig, CEO of Whirlpool, based an optimistic forecast of his company's sales on forecasts of increasing sales of new homes in the United States. Explain why changes in the demand for housing affect Whirlpool's sales.
The National Bureau of Economic Research, a private group, is responsible for declaring when recessions begin and end. Can you think of reasons the Bureau of Economic Analys
Briefly compare the severity of recessions before and after 1950. What explanations have economists offered for the period of relative macroeconomic stability from 1950 to 2
Briefly describe the effect of the business cycle on the inflation rate and the unemployment rate. Why might the unemployment rate continue to rise during the early stages o
Savers are taxed on the nominal interest payments they receive rather than the real interest payments. Suppose the federal government shifts from taxing nominal interest pay
Should Terri Ronsin go along with the general manager's request to reduce the direct labor-hours in the predetermined overhead rate computation to 420,000 direct labor-hour.
Palisade Creek Co. is a merchandising business that uses the perpetual inventory system. The account balances for Palisade Creek Co. as of May 1, 2016 (unless otherwise indica
Use a market for loanable funds graph to illustrate the effect of the federal budget deficits. What happens to the equilibrium real interest rate and the quantity of loanabl
Firms care about their after-tax rate of return on investment projects. In the market for loanable funds, draw a graph and explain the effect of an increase in taxes on busi
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