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1. You must agree that during the course of your career (and education) you will be working with teams made up of members with varying degree of technical and business knowledge. It is fair to say that communication between IT and business professionals is vital? What are some ways to ensure good communication?
2. Python is a loosely type language as say compared to C++, C# and Java. On this topic I am sharing you thisLink. Check it out and then share your thoughts. How does a loosely typed language compare to a strongly typed one? What are the drawbacks?
Explain whether you think the supply of the following goods is elastic or inelastic,
Describe how Lewis should spend his $10 on Pepsi and Chicken Wings in order to maximize his total utility. How many Pepsi and Chicken Wings would Lewis buy?
Each of the policies described above may lead to an increase in the long-run level of investment spending in the economy. Using a diagram of the aggregate production function, show that any such increase will lead to an increase in the future leve..
Illustrate specific management principles and practices should PM company begin to put in place that will assist the company as their international expansion plans move forward and their international business begins to grow.
Describe what would happen to GDP, the unemployment rate and the inflation rate if there is a decline in aggregate demand.
Suppose the Federal Reserve Bank decides at its next FOMC meeting to raise the federal funds rate from around 0% to .25%. With the aid of a diagram, carefully explain how they will go about implementing this policy.
In the Ricardian model, everyone seems to benefit from trade. However, the Heckscher-Ohlin model seems to show that some lose from trade as well. Who are the losers in the HO model and how do they not benefit from trade
a. Calculate the equilibrium level of income or real GDP for this economy. b. What happens to equilibrium Y if I(g) changes to 10? What does this outcome reveal about the size of the multiplier?
The following information describes a hypothetical economy (assume all numbers are in billion if necessary) Determine the value of the MPC of this economy?
Your solution to #7 is monopoly equilibrium price and quantity. It this outcome efficient in terms of maximizing the welfare of society? How might you prove that it is or is not? Calculate the Lerner Index for our monopolist
Elucidate what is the cross elasticity of demand for pipes and pipe tobacco.
Draw a diagram for hospital care that reflects the price-elasticity found empirically by RAND Health Insurance Experiment. As the level of health insurance in the United States decreases (i.e. coinsurance rates rise),
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