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Take the following information as given for a small, imaginary economy:
- When income is $10,000, consumption spending is $6,500
- When income is $11,000, consumption spending is $7,300
Then, the multiplier for this economy is? (please show work, that would be great.)
Determining at least two websites or articles to help you answer the following questions about the petroleum industry. It is to be done is précis of the major points of the article or Web site, and to be referenced.
question 1using the aggregate demand - aggregate supply ad-as diagram show how the four economic events would affect
An entire box of ice cream, plus 3 scoops from a second box is served at a party. How much ice cream do you expect to have been served at this party? What is the standard deviation of the amount of ice cream served?
Assume you are asked to do market analysis in an area in which a natural disaster has recently occurred. For example, Nashville after Spring floods or New Orleans after Hurricane Katrina.
Bada Bing, Limited. supplies standard 256 MB RAM chips to the US computer and electronics industry. Like output of its competitors, Bada Bings Chips must meet strict size, shape, and speed specifications.
Discuss how government policies can influence economic growth. Analyze how monetary policy could influence the long-run behavior of price levels, inflation rates, costs, and other real or nominal variables.
Describe three ways we can use macroeconomic analysis, with one original example for each way - effects of an adverse technological shock on the labor market and on the output market.
CSG had a policy of providing an annual "cost of living" increase for its assembly workers to maintain a constant annual cost of $25,000 per worker (1984 dollars). The production process requires one worker for every sixteen tons manufactured.
assignment 1 making decisions based on demand and forecastingdue week 3 and worth 200 pointsthe pizza company is
Explain why do people who work at investment banks earn so much. What is the justification for capital requirements imposed by bank regulators.
Ben Bernanke has said that the Federal Reserve is going to continue its latest round of Quantitative Easing until unemployment falls to 6.5%. How fast will the economy have to grow to bring unemployment down to 6.5% by this time next year? Assum..
The EU is an example of a trading bloc that coordinates laws to facilitate trade between member countries.
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