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What is the argument for putting restraints on what actions/legislations public policy makers and politicians can make by a balanced budget amendment, except during a recession?
500 Words..........
To ensure that the correct size of heart valve is available for heart surgery, Heart Plus, the maker of the valves employs salespeople to place and maintain inventories at hospitals in its market. Heart Plus faces a cost of holding inventory that is ..
If the population of Romania was about 22 million in 2010 and the average population growth rate is 0.2 percent, then calculate Romania’s population level in 1970.
Consider an EOY geometric gradient, which lasts for eight years, whose initial value at EOY one is $5,000 and ƒ = 6% per year thereafter. Find the equivalent uniform gradient amount over the same period if the initial value of the cash flows at the e..
Elucidate the multiplier concept as it applies in this case also what are the qualifications and limitations of the m.
Our recent recession seems to demonstrate again that expenditures and incomes depend on each other. If markets do not self adjust, how can a decline in spending lead to a negative process that ruins an economy? (Consider referencing the "Keynesian Cr..
Suppose there are two goods available for consumption, good 1 and good 2, and the government has imposed rationing on the consumption of good 2, so that no more than x2 can be consumed by a given consumer. Draw the budget set of a consumer who has in..
You are the CEO of a multinational corporation that operates in more than 100 nations worldwide. Recent changes in the global economy, such as the expansion of the European Union, are redrawing many geographical and political borders. The growing int..
What is the mechanism by which the "invisible hand" pushes markets to equilibrium? Explain the two main causes of market failure and give an example of each. What is the difference between a positive and a normative statement? Give an example of each..
A restaurant owner has the following short-run production function: Draw a table showing total, marginal and average product up to an input of ten workers, and plot these on a graph. Show the range of labour where stages I, II and III of production o..
Referring to text Chap 3 “ Product Innovation Charter”, explain what are the benefits of this up front charter document early on during the product development process ?? Also, explain your personal experience of the benefits you experienced from dev..
Which of the following concerns is likely to be most important to portfolio investors seeking diversification? a) Total volatility of individual securities b) Standard deviation of individual securities c) Correlation of returns between securites d) ..
Explain briefly the ethical situation. What are the all the different actions you could have taken. What are the consequences of each of these actions.
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