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You have recently become a head Honcho in a small public organization. As HH you are concerned for the following reasons: your department heads are resistant to change and want to operate independently without reporting to you or following your lead in most matters. You organization has a budget shortfall of significant proportions, yet no department head is willing make cuts in his/her own department. Rather, each wants to force you to make the choice and, be default, take the "blame" for the effects of the cut. Some unknown employee has drawn a mural of you with horns on the wall of the reception area. A quality control audit has indicated an excessive error rate and you have given 90 days to reduce the error rate, or else! Discuss how you will deal with these problems.
What factors determine the sensitivity of net exports to the interest rate? Consider the cases where net exports are very sensitive to the interest rate and where they are very insensitive. Compare the effect that an increase in the money supply has ..
An investment will pay $50 at the end of each of the next 3 years, $250 at the end of Year 4, $400 at the end of Year 5, and $600 at the end of Year 6. If other investments of equal risk earn 4% annually, what is its present value? If other investmen..
Converse Elucidate how you might go about evaluating the rate of return for the new equipment.
Autonomous aggregate expenditures decreases by $200 million, the marginal propensity to consume is 0.50, marginal propensity to invest is 0.25, and the marginal propensity to import is 0.10. Calculate the change in income.
q. pb 140 - 4ab where pb is the ticket price paid by businesses measured in dollars and ab is their attendance
Find the equal annual payment series that would be equivalent to the following increasing series of payments if the interest rate is 12%.
Consider the market for interior painters. The demand curve for painters is L = 19 – w, and the supply curve is L = 4 + 2w, where L is the number of painters and w is wage. Find the equilibrium wage and number of painters in this market. Graph your w..
If population increases at an average rate of 1% per year and output increases at an average rate of 5% per year, then per capita real GDP.
Define the concept of an externality. Why will unregulated market systems not allocate resources efficiently where externalities are present? Draw a diagram to illustrate the over allocation of resources to a market characterized by negative external..
Esen consumes only two goods, meat and potatoes. When the price of meat rises, he buys less meat and less potatoes. Based on this information, we can say that
A profit maximizing monopolist is earning a positive economic profit. The wage it pays its workers rises. How will the firm's choice of price and quantity change in response to the wage increase? Assume that the monopolist is still earning a positive..
Noah and Naomi can produce garden benches, garden chairs or both. They are price takers in both markets. What is the profit-maximizing sales quantities of benches and chairs?
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