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Question: Describe the roles that federal, state, and local governments play in the economy.
jet blue corporation continuously offers fare discounts to attract customers awareness about the company increase
1. Explain whether each event changes the quantity of real GDP supplied, short-run aggregate supply, long-run aggregate supply, or a combination of these. 2.1. Car-makers in Australia switch to a new technology that raises productivity. 2.2. Toyota a..
Suppose you are given the following information about an industry: QD = 8000 - 100p; What is the lowest price firms will sell their goods at in the long run? In other words, what is the long-run industry supply curve? Explain
According to the rule for optimal input usage, a firm should hire a person as long as her marginal revenue product is greater than her marginal cost to the company.
For which types of business organization is unlimited liability going to apply to - a sole proprietorship, a partnership or a corporation? Now explain out of those business organizations, for which one will unlimited liability be the greatest prob..
Calculate the equilibrium number of ?rms in the U.S. and European automobile markets without trade. What is the equilibrium price of automobiles in the United States and Europe if the automobile industry is closed to foreign trade?
choose an industry you have not yet written about in this course and one publicly traded corporation within that
Consider the following problem: There are two generators in this system and there is a load of 1,000MW. There is only one node in this network.
Provide a complete account of how the bank of Canada conducts its monetary policy. Also, describe thoroughly the transmission of Canada's monetary policy - the process by which changes in the bank of Canada policy interest rate and money supply work ..
The head of the accounting department at a major software manufacturer has asked you to put together a pro forma statement of the company's value under several possible growth scenarios and the assumption that the company’s many divisions will remain..
Assume the money supply (M) is $1,200 billion, bank deposits (D) are $800 billion and the required reserve ratio is 10%. What would the Fed have to do (in terms of open market operations) to lower the money supply by 5%? Explain. (Note assume that th..
How should she spend her income to maximize her utility - Mario likes to play video games. He is experiencing diminishing marginal utility, but his marginal utility remains positive. What can we say about Mario's total utility?
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