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Scenario: Your organization's CEO is concerned that members of the strategic planning committee are not familiar with current economic thought and principles. The CEO has assigned you the task of developing a report to introduce some of these thoughts and principles.
Develop a 1,050-word report to the members of the strategic planning committee explaining the following information:
How economists are both scientists and policymakers and what principles society uses to allocate its scarce resources.
Using the circular flow model, explain the flow of money and goods in an economy.
How the economy coordinates society's independent economic actors.
A country's gross domestic product (GDP) and how it is defined and calculated.
How the consumer price index (CPI) is constructed and why it is an imperfect measurement of the cost of living.
Format the assignment consistent with APA guidelines.
Suppose that an automobile costs $30,000 in the United States and 25,000 Euros in France. Further suppose that the exchange rate is .8 (one US dollar = .8 Euros). What is the real exchange rate? In which country is the automobile less expensive?
In professional sports, the decisions about TV contracts, salary cap, free agency, entry in to a new market are made by their respective entities like MBA, NHL, NFL, MLB and MLS. These entities operate rather closely like a cartel.
1 suppose the cfo of a german corporation with surplus cash flow has 1 million euros to invest. suppose that interest
Impact of technology advance a monopolist has the following demand function: Solve for the price and quantity that the monopolist would choose to minimize its profit. And also calculate the resulting profit.
You have calculated the expected NPV of project A to be $3,758 and that of project B to be $3,114. Can you be certain that you should recommend to your management to implement project A.
part 1 ae problemsuppose the initial conditions of the economy are characterized by the following equations in black
Japan and South Africa are major trading partners. Indicate and explain how an increase in real GDP of South Africa will affect the demand for the Japanese yen in the foreign exchange market
Economists at BLS specialize in particular products, such as televisions, automobiles, kitchen appliances, and so on. One of their greatest challenges is to identify substitutes for products that are no longer available on the market.
Describe the benefits and drawbacks of dynamic pricing for this particular company.
Do a little of research on the following Intel Chipset: Z87, Z97, H87, H97,H81,Q87,Q85 and Q85. try to Include the following details: What do all of these chipsets have in common? Which chipset(s) in considered Premium?
The price of an ice cream cone is £1.50 and you buy three ice cream cones per week. If the price of an ice cream cone falls to £1.25 and you still buy three ice cream cones per week, which of the following is TRUE? a) The total utility of the four..
Suppose Bob works for Mary as a proofreader. Mary and Bob fall deeply in love, marry and have eight children. Bob stops working for Mary in order to care for the children. What will be the effect on GDP
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