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Questions: A. How might the above ideas be relevant to how society, both private and public sectors, deals with business cycles? (Consider how households, firms, and government react when statistical reports indicate the economy is expanding or contracting.)B. Do you think business cycles would exist, or be as severe, if these economic statistics were not reported on a regular basis or at all? Why or why not?
Discuss how each of the following will affect the marketplace clearing price and quantity in each market. How does the supply and/or demand curves will shift in the following cases.
In your professional, provide an example of supply and demand and how a shift in either caused a significant change in price or the quantity demanded.
Different races now or likely to be in workforce of the future depends on the US populations racial demographic changes.
Carefully describe and show graphically how each of following changes would effect the shape of the IS curve:
This year the owner, who had invested $1 million in the club, decided to close the club. what can you say about economic profit and the rate of return in the nightclub business.
What would happen to autonomous consumption if household debt fell and the interest rate rose over the same time period What would happen to autonomous consumption if real wealth increased and expectations of the future became more optimistic
Profit by having physicians available in case we need them. Therefore, the government should subsidize medical education.
Microsoft Corp want to expand and has to make some long-term capital budgeting decisions. Now the industry is confronted with government regulations to oversee the merger. Analyze how the different forces will come together to create a convergence..
Suppose a small city dry-cleaning market, which is monopolistically competitive. Currently, the typical dry-cleaner is charging $5 an product.
Compute the premerger Herfindahl-Hirschman index (HHI) for this market. Suppose that any two of these firms merge. What is the postmerger HHI.
Describe what type of foreign investments would be best for the economy's PPF. What are the opportunity costs of these decisions.
Clarify the factors that led to the change in supply or demand within the article and describe what occurred to change the demand.
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