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What are some of the problems with using the unemployment rate as an accurate measure of overall joblessness?
Elements of fiscal policy that move the budget toward surplus as the economy expands and toward deficit as it contracts are called ________.
A movie theaters chain is considering upgrading the sound systems in their theaters so that the customers can get the full experience from surround sound movies. They discovered that upgrade costs at locations with 10 screens were $180,000 but wer..
Applying the basic concepts of Microeconomics (Opportunity Cost, decisions made at the margin, agents respond to incentives). Discuss the individuals response to the presence of government provided unemployment insurance. i.e. will the worker take mo..
Find a pop culture reference (from TV, movie, music, magazine...) of an economic concept. The reference can be anything we have covered in class.
During recent years, MicroChips Corp. has enjoyed substantial economic profits derived from patents covering a wide range of inventions and innovations for microprocessors used in high-performance desktop computers. Calculate the profit-maximizing pr..
Suppose that the Government wants to augment the level of national savings in the economy and institutes a policy to reward savings behavior. Hence, borrowers face a real interest r as always, but lenders receive r(1+s) on their savings, where ‘s’ is..
In this assignment you will be asked to review the final chapter of Terris' text book and to spend some time applying your critical thinking skills in evaluating Lockheed Martin's efforts.
The defined benefits pension fund of G-Tech Electronics has a net value of $2.71 billion. The company is switching to a defined contribution pension plan.
Explain briefly why TOTAL profit (profit from entire sales) is still likely to be lower with this pricing scheme than with perfect price discrimination, despite charging a fixed fee equal to the entire Consumer Surplus of a typical consumer?
Discuss the two major economic worries faced by American politicians, unemployment and inflation, and the options available to address them.
One day when Gilligan was diving in the lagoon he came across a gigantic oyster. Gilligan loved raw oysters so he pried the mollusk from the rocks and hastily came ashore. When he pried open the oyster he was surprised to find a huge gray pearl. Defi..
The purchase price of a natural? gas-fired commercial boiler? (capacity X) was $175,000 eight years ago. Another boiler of the same basic? design, except with capacity 1.46?X, is currently being considered for purchase. If the cost index was 162 for ..
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