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You are interviewing three candidates for one sales job position. On the basis of your experience and insight, you believe Jane can sell 600 units a day, Joe can sell 450 units a day, and Joan can sell 400 units a day. The daily salary each person is asking is as follows: Jane $200; Joe $150; and Joan $100. How would you rank the three applicants?
Suppose that the economy is thought to be 2 percent above potential (that is, the output gap is 2 percent) when potential output grows 4 percent per year. Suppose also that the Fed is following the Taylor rule, with an inflation rate of 2 perce..
Using the AD-AS model, if consumers and business become more optimistic about the future direction of the economy and increase spending, then:
Explain the concept of natural capital. Why is the World Bank concerned about protecting the natural capital of developing countries? How would you characterize the investment climate in India?
What is the Marginal Rate of Technical Substitution between labor and capital and what is the least cost method of producing the target level of output
An industry said to be characterized by monopolistic competition is the apparel industry. Suppose you were hired as a consultant by a firm in this industry. How would advise the firm as to the levels of output
Suppose that consumption when young and consumption when old are both normal goods. The income effect of an increase in the interest rate will result in:
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suppose this years money supply is 800 billion ngdp d 20 trillion and real gdp is 8 trilliona. what is the price level?
Where x is measured on the horizontal axis and y is on the vertical axis. How would you figure out what the indifference curve consists of?
you are starting your own internet business.nbspyou decide to form a company that will sell cookbooks online.
how many units of each product should she buy in order to maximize her utility. Show this utility maximiz- ing combination combination of Pepsi and Coke on the graph. how would her consumption and utility maximizing bundle of Coke and Pepsi change..
assume that a national restaurant firm called bbq builds 10 new restaurants at a cost of 1 million per restaurant. it
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