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Q1. From 1947 to 1997 the CPI in US raised to 637% therefore inflation rose 637%. Use this fact to adjust each of the following 1947 prices for the effects of inflation. Explain which items cost less in 1997 than in 1947 after adjusting for inflation? Which items cost more?
Q2. Recognize an incentive conflict in your firm, or one you have read about, that reduced firm value. As part of your answer converse whether or not one or more of the legs of the organizational stool was unbalanced, and if so, explain how that contributed to the conflict.
What is output that should be produced to achieve economic efficiency and the value to society for correcting the externality.
Assume the price elasticity of demand for heating oil is 0.7 in the long run also 0.2 in the short run.
A major Statistics Canada household survey, the Survey of Labour and Income Dynamics or SLID, the latest of which is referred to as SLID 2009.
A large school of sharks is reportedly seen by beach-goers at the beaches of Melbourne.
If Sammy refuses to contribute to the butterfly garden, he'll not be able to enjoy its benefits if it is built.
Which is a tax on profits generated from mining of iron ore and coal.
A consumer must pay $10 per visit to an amusement park for the first five visits but only $5 per visit beyond five visits. What does the budget.
If the company has not paid dividends, discuss why think the company is not paying dividends or whether they should consider adopting a dividend policy.
Suppose that investment decline by 40 units to a level of 60. What will be the new level of equilibrium income.
Similarities in the definitions of management quoted from authors of management textbooks
Suppose the interest rate on 6-month treasury bills is 7 percent per year in the United Kingdom and 4 percent per year in the United States.
Explain how the short-run Phillips curve, the long-run Phillips curve, the short-run aggregate supply curve, the long-run aggregate supply curve, and the natural rate hypothesis are all related.
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