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Explain the various components of fluctuations in economy activity over time. Because economic activity fluctuates, how is longterm growth possible?
Why do economists pay more attention to national economies than to state or provincial economies?
How did the September 11, 2001, terrorist attacks on the World Trade Center and the Pentagon affected short- and/or long-term productivity in the United States?
How do the aggregate demand and aggregate supply curves differ from the market curves?
How is the United State budget deficit related to the foreign trade deficit?
Why would the following investment expenditures increase as the interest rate declines?a. Purchases of a new plant and equipmentb. Construction of new housingc. Increased inventories
Describe why intermediate goods and services usually are not included directly in GDP. Are there any situations under which they would be included directly?
In 1990s, Chrysler Company placed nearly all decisions about the development of a new vehicle in the hands of a single, cross functional product team.
Assume that a company maximizes its total profits and has a marginal cost. Find the price at which the firm sells the product.
Given an increase in spending of $1,000, and a Marginal Propensity to Consume of 80%, what would be the total increase in the GDP what would the Multiplier be?
Assume you observed an acquisition by diversifying firm and that the aftermath of the deal included plant closings.
Explain how would you rate Ben Bernanke's performance as Chairman of the Federal Reserve.
If the price changes above occurred for all goods across the economy during the four year period, elucidate how nominal GDP and real GDP would differ.
Once it is describe to be elastic or inelastic, explain how do you come to that conclusion.
Assume worker productivity increased at the rate what rate of increase in RGDP would be sustainable without increasing inflation pressures.
In each of the cases listed below determine what this consumer needs to do (in terms of purchasing X and Y) to maximizes their utility.
A United State corporation CTM borrows $1,500,000 at LIBOR + 125bp p.a. on a 6M rollover basis from a London bank. If 6M LIBOR is 4 1/2%
Elucidate what it means that the preference relation has a utility function representation,
Illustrate what interest it should be used in project analysis calculations.
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