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1. Are all expenditures of a government included in the calculation of GDP for that nation? Why or why not? If not, what government expenditures should be excluded from GDP? Are income taxes collected by the government from consumers included in GDP and, if so, how?
He stresses that objective measures provide a clear target for employees, but mentions none of the potential costs. What are the potential problems associated with using objective performance measures?
Does Jake's enjoy economies of scale, diseconomies of scale, or does Jake's appear t be operating at Efficient Scale?
Which of the methods in parts (a) and (b) produces better forecasts for the three years from 2007 to 2009? Answer on the basis of mean square error (MSE).
The cross elasticity between Product A and Product B is 10. Do you think that Product A is likely to face an elastic or inelastic demand curve? Explain.
Calculate the expected profit and calculate the expected utility of profit and comparing the utility of $3,200 with the expected utility of the risky project, what should the manager do if the manager wishes maximize expected utility of profit? Exp..
Two employees are assigned to work overseas for a two-year period. Which house do you think will be in better condition after the two years? Explain.
1. discuss how organizational architecture and corporate culture are related. use an example of a real-life firm and
Your company currently has a bonus plan for its sales managers. Discuss the potential benefits and costs of the new plan relative to the old plan.
Two important policy goals of the government and the Fed are to keep unemployment and inflation low, while at the same time making sure that GDP is increasing at an average of 3% per year. It is important to have the right mix of policies and that al..
Examine the common elements of compensation packages. Determine which two elements you believe to be the most motivational to an employee and to you. Support your position. Compare team and individual bonuses and incentives.
1.In what way does specialization reduce the problem of scarcity?
According to the chief engineer at the Zodiac Corporation, Q=AL^a K^b, where L is the rate of labor input, Q is the output rate, and K is the rate of capital input.
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