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Blutarsky is throwing a party at his Fraternity and is trying to choose how much beer and vodka to buy. A bottle of vodka has four times the alcohol as a six? pack of beer.a. If Blutarsky only cares about the total amount of alcohol in his basket, what is his marginal rate of substitution of bottles of vodka for six? packs of beer?b. Write out a utility function to represent these preferences.
Assume a country that basically consumes 100 pairs of shoes per hour, all of which are imported. The price of shoes is $40 per pair before a ban on importing them is imposed.
CFO expects that the (euro/$) exchange rate will increase from 1euro per $ to 1.1 euros per $ during the coming year. Should the CFO invest in CD's denominated in dollars or in euros?
Assume market demand and supply are given. Equilibrium price of X is $100 per unit then producer surplus is.
Differentiate at least two different eighteen month forecasts for Gross Domestic Product (US) and graph them. Include a reconciliation of differences between forecasts for GDP and a rationalization for which forecast you believe is most accurate.
Illustrate what real rate of return will you earn if the inflation rate.
Elucidate how does the subsiquent impact on the housing industry.
For months, beleaguered American customers have defied expert forecasts that they would soon succumb to pressures of falling home prices, fewer jobs and shrinking paychecks.
Kimberly MacKenzie, president of Kim's Clothes Corporation, a medium-sized manufacturer of women's casual clothing, is worried.
Relationship among consumption expenditures and inventories as well as their interdependence, and think in terms of the Multiplier.
The price per unit remains $7.50 in both scenarios. Does the labour analyst's argument hold? Explain why or why not, and use data to prove your point. (Hint: calculate total costs in both circumstances).
The Ogden Timber Corporation purchases from its suppliers on terms of 2/10, net 35. Ogden has not been utilizing he discount offered and has not been taking the cash discount offered and has been taking fifty days to pay its bills.
Elucidate the difference among the statement "the money supply is fixed" and the statement "the money supply is exogenous".
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