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The Great Recession of 2007-2009 affected millions of United States citizens and had multiple reasons. Determine some of the major contributing factors and how did they combine to cause the recession and how were you affected by it? What are some long-term implications?
Explain why is a struggle underway in Cuba between social equality and the free market. Why did Cuba permit free markets? Who in the video wants Cuba to remain socialist.
Explain the impacts of an expansionary fiscal policy such as a tax cut on the levels GDP, Consumption, Investment, interest rate and unemployment and price.
Over the years, Janjigian Company stockholders have provided $15,250 of capital, part when they bought new issues of stock and part when they allowed management to retain some of the company's earnings.
Assume that two individuals have the similar tastes and the same initial endowments. What can you say about the efficiency of the allocation.
Illustrate how is the magnitude of each affected if, instead of a moderate inflation, hyperinflation occurs.
Assume after 10 years real consumer spending doubles to 100. Explain how much do you believe will be the budget share of leisure.
Question based on Laffer Curve : Tax Rate and Tax Revenue, Do raising tax rates necessarily raise tax revenue? What factors affect how tax revenue changes when tax rates change?
A recent McKinsey report concluded that 'If a price war occurs in a specific market-Critically examine this statement.
Compute total revenue, marginal revenue, marginal cost, and average total cost of this natural monopoly. What is the profit maximizing output and price for this natural monopoly when the government does not regulate it?
Illustrate what will be the percent change in hotdog sales if the price of hamburgers goes up by 10%.
Elucidate and distinguish between the concentration ratio and the HHI. What ate the limitations of these measures within the context of the pharmaceutical industry.
Suppose if the discount rate for the stock is 12 percent, at what price will the stock sell.
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