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Which of the following are counted in this year's GDP? Explain your answer in each case. a). Flashy Car Company sold a used car. b). Juanita Jones cooked meals for her family. c). Mircosoft paid interest on its bond. d). Jose Suarez purchased 100 shares of Microsoft stock. e). Bob Smith received a welfare payment. f). Carriage Realty earned a brokerage commission for selling a previously owned bonds. h). Air and water pollution increase. i). Gambling is legalized in all states. j). A retired worker receives a Social Security payment.
Robert’s New Way Vacuum Cleaner Company is a newly started small business that produces vacuum cleaners and belongs to a monopolistically competitive market. What are the profit-maximizing price and output levels? Explain them and calculate algebraic..
Using demand and supply analyst briefly discuss the effect of each of the following on the market for cigarettes: a cure for lung cancer is found b). The price of cigars increases. c.) Wages increase substantially in states that grow tobacco. d.) A f..
Which of the following is not a motive for holding money in? Keynes's liquidity preference? theory?
illustrate what was the size of the economy's recessionary, inflationary gap
The owner of a baseball team and local stadium has commissioned a study that showed the demand by fans for stadium seats (per playing date) to be P = 22 - 0.2Q, where P is the average price of a ticket and Q represents the number of seats (expressed ..
In an effort to bring inflation down they had set interest rates at 5% in 2018. How should the federal reserve react if they desire to bring inflation down to 3%. When will they achieve that goal? (Hint: maintain plenty of decimal places.)
Compare and contrast how the concepts of attitude and personality are both similar and different. Why is it important that an HR staff person who deals with conflict in the workplace, understand these differences and similarities? Give a workplace ex..
Holding all other forces constant, if decreasing the price of a good leads to an increase in total revenue, then the demand for the good must be:
Pick one of the characteristics of a perfectly competitive firm and explain in detail why it may not hold up in real-life. Use a specific example to illustrate your answer.
The Sherman Anti-Trust Act. If competition decreases in a certain industry. Under perfect competition. The Clayton-Anti Trust Act
Assume that you have an app on your smart phone that allows you to walk up to any item in the supermarket, have your phone recognize it, and then display all the necessary information about the product. Imagine that the app even tells you where and h..
in march 2010 hertz pain relievers bought a message machine that provided a return of 8 percent. it was financed by
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