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The manager of Big Oil Company in Mandeville tells investors that at the end of 2006 they had gasoline in inventory worth $378. In 2007, Big Oil produced gasoline worth $294 and sold gasoline worth $384. What was Big Oil's inventory in 2007?
Illustrate money supply should the Bank of Canada set next year if it wants to keep the price level stable.What money supply should the Bank of Canada set next year if it wants inflation of 10 percent.
You are advising a software firm on developing appropriate disclosure policies. You spend some time analyzing the past data that the firm has made available to you and come up with the following numbers for a typical software product.
Assume that we care about the average welfare of individuals in Indian villages, i.e., we put equal weight on each individual's utility.
Calculate the percentage growth rate in real GNP per capita in each of the years 1996 through 2002 from the previous year, using the definition of growth rate.
Assume that health insurance begins to cover hip replacement surgeries that everyone interested in getting a hip replacement has health insurance.
Describe how the limited self-interest of humans impacts their ability to maximize their welfare. If you project into the future, what effects can be foreseen on future generations?
Determine the CPI for a couple of months and create a PowerPoint to explain the information - Prepare several slides in the PowerPoint-style that present and explain this information as it relates to inflation in a clear manner.
illustrate what prevented the villagers from reaching this higher-income allocation of resurces when they acted independently
In 2003, when music downloading first took off, Universal Music slashed the prices of CDs from an average of $21 to an average of $15.
Find out a numerical equation linking planned aggregate expenditure to output. Show the determination of short-run equilibrium output for this economy using the Keynesian cross diagram.
Compute the monthly payment and explain whether taking this loan is a smart business decision.
if possible, your most preferred to least preferred type of shock: positive demand shock, negative demand shock, positive supply shock, negative supply shock. Explain how would you rank them and why.
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