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Consider a student who has finished her undergraduate degree and is considering pursuing an MBA as a full-time student. The cost of the 2-year MBA program she is considering is $45,000 for tuition. If she doesn't become a full-time MBA student, her next best alternative is to accept a job she's just been offered, which pays $30,000 per year. Moreover, she can expect a 5% salary increase each year with this employer. Apply the concept of opportunity cost to calculate the economic cost (as opposed to the accounting cost, which would not factor in opportunity cost) of pursuing the MBA over the course of the next two years.
Are better than budget deficits over the long run because unlike budget deficits, they increase saving and investment.
Which of the following changes to fiscal stimulus package of 2009 for $862 billion (under the bill called American Recovery and Reinvestment Act of 2009) would have a larger overall impact on AD Explain your answer in a paragraph or two with credi..
Think about a firm that you have done business with recently. What industry does this firm belong to? For example, McDonald's is a firm in the fast food industry
Is the increase in aggregate demand sustainable or does it only create an immediate impact in consumer spending Should the private sector investment follow suit with such hefty government expenditure
Elucidate what happened in the simulation as you increased and lowered spending and income tax rates
At what level of employment would diminishing returns set in for the variable input?
Illustrate what are possible causes of a movement up or down along the demand curve. What are possible causes of a movement up or down along the supply curve.
Canada, the US and Mexico are clearly separate countries. Does this information alone imply a lower standard of living in each of three nations compared to the condition where they are united into a single new country?
Calculate total factor productivity growth (our measure of technological progress) for each country using the growth accounting framework discussed in class.
suppose that in one year household consumption falls by $20 billion(compared to the year before), but business firms continue to produce consumer goods at an unchanged rate. if there is no other change affecting real GDP that year
1. find the present value of each of the two following sets of cash flow events.a. immediate investment year 0 of 15000
Determine additional dollar cost of adding sales people and how is the expected net revenue generated through adding an additional salesperson given a firm's past sales experience?
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