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From the summer of 2008 to the summer of this year 2010, the U.S. Economy has undergone various stages in the business cycle. Locate an article written within this period, highlight/discuss the contents of the article very briefly and include a critique could agree, disagree or both agree and disagree with the article.
Illustrate what is your opinion of the restaurateur's decisions. Would you recommend that she accept the $66,000 offer.
Illustrate what is the Business Cycle. Be able to describe all of its parts such as peak, trough, long-term trend, etc.
If in an economy a $120 billion increase in consumption spending creates $120 billion of new income in the first round of the multiplier process.
Red Ball Production's taxable income in 2005 was $500,000. Illustrate what amount of state income tax did Red Ball Productions owe.
Which corporation's settlement obligations are expected to raise its standard total cost per pack by about $.60. Illustrate what effect with this have on its optimal price.
If interest rates could be deducted from income, would an investor change his/her decision based on question 1.
Explain how does monopolistic competition differ from a) pure competition; b) pure monopoly; c) oligopoly? Explain fully what product differentiation entails.
Use the endogenous growth model to determine the effects of this on the paths of aggregate consumption and aggregate output overtime.
Calculate the percentage change in nominal GDP, real GDP, and the GDP deáator in 2006 and 2007 from the preceding year. For each year, identify the variable that does not change. Explain in words why your answer makes sense.
Starting with the estimated demand function for Chevrolets given in problem suppose the average value of the independent variables
At the current price level, would it be viable for the firm to increase the price level of its brand of coffee. Support your answer.
Give an example of a government created monopoly. Is creating this monopoly necessarily bad public policy?
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