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Interest rates are at a near all-time low and near zero as well. This has helped to stabilize and improve the economy over the past 6 years, and unemployment is now below where it was in late 2007, at 4.7%. The Federal Reserve is now contemplating increasing interest rates in early 2017 in order to forestall potential inflation. If you were an outside advisor to Fed Chair Janet Yellen what advice would you give to her and why?
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The changes in the macroeconomic indicators affect the economic decisions of the 3 economic agents (household, firms, and government). Assume you are a business owner (manager). How do you use macroeconomic indicators in your business plan and strate..
Harry Smith owns a metal-producing company that is an unregulated monopoly. After considerable experimentation and research, total cost and marginal cost curves are: TC = 100 + 60Q + Q2 MC = 60 + 2Q where MC is marginal cost (in dollars) and Q is out..
An MBA student has proposed the following demand equation for good Y. QdY = a + b PY + c M where: QdY = quantity demanded of good Y in millions of tons per year PY = Price of good Y in dollars per ton M = Average consumer income in thousands of dolla..
If the Social Security retirement system was a private retirement system, it would be declared bankrupt. Discuss why this is so and why the Social Security system can continue to pay benefits despite the fact that it can be considered bankrupt. Discu..
As the manager of a 60-unit hotel you know that all units are occupied when you charge $80 a day per unit. Each occupied room costs $8 for service and maintenance a day. In addition there is a fixed cost of $400 a day. You have also observed that for..
What happens in a decreasing-cost industry when some firms leave and the industry's output contracts?
In the UK's National Health Service (NHS) system, the member hospitals are government owned and the doctors working in them are government employees.
Vat is tax applied at each point where value is added to goods or services from primary production to final consumption. refer to vat as an input and output tax respectively and say your company registered by its inception with the receiver of revenu..
If automobile emissions controls were not mandated by law, would people willingly buy also install them
Briefly describe the details of the fictitious business that you created for this assignment. Assess the current environmental scan factors that are relevant to the decision making process.
Imports, exports, and the trade balance The following table shows the approximate value of exports and imports for the United States from 1983 through 1987. Complete the table by calculating the trade surplus or trade deficit both in absolute (dollar..
A) Using two separate supply and demand graphs, graphically show and verbally explain how a shortage is created by each of the two changes. B) Explain what eventually happens to price because of the shortage in a free market. C) Explain how supplie..
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