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Given the information below, determine if the firm is operating in the short run or the long run.
1. old york & company, a women's retailer, is not under a wage contract with its employees, but it is currently in a one year lease at its mall location.
2. Halle Sanson, a nail polish manufacturer, has a vertical aggregate supply curve.
3. Ruby Wednesdays Restaurants is currently paying its managers a fixed salary in a six month contract.
4. General Auto is producing at a fixed full-employment level of production.
What the multiplier effect is and what it means. Explain to me in your own words what it means and what the concept entails. If Investment in an economy rises by $20 billion and GDP increases by $80 billion, what is the multiplier effect?
If GDP increases in nominal terms from $600 billion in 1994 to $663 billion in 1996 and the price index (1992 = 100) rises from 120 to 130, how much real growth (in 1992 dollars) in GDP occurred between 1994 and 1996?
A restraint manager believes he will need all new kitchen appliances in 2 years. The cost today is $48,800 but costs are going up at 10% per year. Find the semi annual payments needed f funds earns 5% compounded semi annually. Round to the nearest do..
Assume Okun's law holds also a one percent (%)age point rise in the unemployment rate reduces real output by 2% of full-employment output. The expectations-augmented Phillips curve.
A also the new allocation B. Include indifference curves that is consistent with this trade being optimal for both Michael also Tony.
no government transfer payments, taxes of $210 million merits, a budget surplus of $60 billion merits, and investment of $100 billion merits. Illustrate what were its consumption and government expenditures on goods and services
“Recent research points to another problematic aspect of international investing as well: When markets are the most volatile and investors most seek safety global diversification is of limited value.”
Suppose that Seth's income increases from $400 to $500 per week, causing Seth to increase his purchases of movies from 3 to 4. The income elasticity of movies is:
Consider an economy that has the "typical" sacrifice ratio we discussed in the Power Points. If inflation is currently 6% and the economy would like it to be 2% within the year, that economy must experience a ____________% change in GDP (output).
Identify the strategic objectives of the entire organization and the secondary objectives for your unit. Then develop three specific objectives within each of the four perspectives for the unit. Each objective should have at least one quantified targ..
To raise the incomes of the worlds severely poor population to the official threshold of US poverty.
Arrange the phases of decision making into the ideal order in which they should proceed: Identifying and diagnosing the problem- Evaluating the decision, Generating alternative solutions, Evaluating alternatives. Match decision making process with ea..
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