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What is a government budget deficit? How does a federal budget deficit affect the economy? How does it affect the level of investment and interest rates? How does it affect the individual consume
With a U.S. marginal propensity to consume, assumed at 1/2, what will happen to the following with the neoclassical model of national income if the Bush Tax Cuts expired
What would happen to each firm's current profits if firm 1 reduced its price to $6 while firm 2 continued to charge $8?
Explain why is it important for a country to calculate their GDP and release this information to the public.
Your corporation sells its product online and in stores. Your marginal cost $30 is the same in both markets. The demand and marginal revenue curves in two markets are different however.
Make an analysis by answering questions below. Suppose that the Bank of Ecoville has the following balance sheet and the Fed has a 10% reserve requirement in place:
A clinic finds that by eliminating appointments it can reduce costs. The clinic is able to eliminate some telephone staff, and physicians become more productive. Patients wait until the physician is available, so there is virtually no down time. D..
The focus of the text is development of "3-criteria," successful organizations have in their human resource organization plans: the project of decision rights; an appropriate incentive and rewards system;
Nobel Laureate Paul Samuelson said that comparative advantage is one of the few ideas in economics that is both "true and not obvious." Since it's not obvious, we should practice with it a bit. In each of the cases below, who has the absolute adva..
Explain the difference between fixed production technology and variable technology. Should the government set a goal of reducing the marginal social cost of pollution to zero in industries with fixed-production technology.
Discuss some differences between content theories and process theories, include how these relate to validity and reliability. Using your explanation, present some aspect of how theory informs organizational practice. Give an example of a practice ..
Suppose that a perfectly equal distribution of income existed in Disneyland. Which of the reccent residents would have the same income he or she has in present distribution?
Illustrate what role does economics play in your personal and organizations decisions. Give an example of the role of economics in decision making.
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