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An increase in government spending
(a) leads to an increase in aggregate supply. (b) leads to a decrease in aggregate supply. (c) leads to an increase in aggregate demand. (d) leads to a decrease in aggregate demand.
Quickcare is a health care franchise. It charges $150 per physical exam. Fixed cost is $50,000 and variable cost is $55 per exam. To improve margin, clinic will increase price to $175. What should Quickcare's decision be, assuming that this price inc..
Legal and ethical issues can arise in any organization. How might these be different? What sort of relationship exists between the two? Provide an example of each from current events. What might the organizations involved have done differently to..
A precise statement of the rationale for a business and a step-by-step explanation of how it will achieve its goals is a
Describe a specific tariff, an ad valorem tariff, and a compound tariff. What are the advantages and disadvantages of each?
1. The table below describes the key elements in deriving a labor demand curve for a bakery. Complete the table and answer the following questions. Capital (K) is fixed at 1 unit.
Based on your answers in a also b, how can you reconcile the president's statement with economics. Can you suggest how his statement could be modified to be consistent with the IS-LM model.
Home Interiors has net income of $248,000. The firm has decided to pay $160,000 of that income out to the shareholders. What is the firm's retention ratio? Art Supplies has a net income of $138,600. The firm has $1.25 million in assets and $500,000 i..
Why does hedging usually take place with a forward contract.
Illustrate what do your previous answers imply for the price of haircuts relative to the price of food.
Assume that the central bank refuses to change the interest rate from 10%. In this case, illustrate what is the new level of output. What is the money supply.
Suppose an economy has overbuilt and suffers from excess capacity. A recession ensues due to firms cutting back on expenditures. Is deficient demand more easily remedied by monetary or fiscal policy? Explain.
Elucidate what data or other factors that monetary policy makers, firms, and workers might analyze in attempting to determine if the decline in the real exchange rate is temporary or will persist.
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