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1. How do you draw aggregate demand and supply curves for inflation and deflation showing price level and GDP?
2. Suppose the economy faces a recession, how will the federal bank stimulate the economy ?
3. How can Hymen Minsky's theory can be linked to the financial crisis?
Suppose an airline is losing money because they cannot fill enough seats in their flights with passengers. The airline would offer a flight only if at least 70% of the seats could be filled. The average total cost for the typical flight is $12,600. W..
For years, you were the owner/operator of a small gift shop in a remote rural area with no competition nearby. As such you were making above average profits every year. Consequently, new competitors were attracted to your market and eventually you fo..
Suppose that the quantity demanded in the world market is given by the demand function Qd = 80-0.4P Where P is the price in dollars per barrel and Qd is the quantity in millions of barrels per day. The quantity supplied is given by the supply functio..
Which are the top 5 lines of business of SAP on latin-america and the ones with the highest growth potential, again support the reasons you selected them with figures.
Distinguish between the concept of actual unemployment and natural rate of unemployment (NAIRU: Non-accelerating inflation rate of unemployment) with examples.
Suppose Bob owns a pizza place in a competitive market. If an additional worker will cost Bob $200 and offers marginal productivity of 40 pizzas, what is the marginal cost of producing a pizza? Show your work and explain your reasoning.
Most members of labor unions work in the public sector, industries that are regulated, or industries in which production is concentrated into a few firms.
The university is seeking a grants to cover capital cost. How big of a grant would make this project worthwhile (to the university)?
Suppose that in order to produce any positive amount of output, a firm must build an operating facility which costs $40. The Variable Cost of production is equal to 6q, where q is the quantity of output. What is the Average Total Cost of producing 5 ..
Pick a brand. Assess its efforts to manage brand equity in the last five years. What actions has it taken to be innovative and relevant? Can you suggest any changes to the company’s marketing program?
Suppose Bulgaria produces only smartphones and trucks. The resources that are used in the production of these two goods are specialized—that is, some resources are more suitable for producing smartphones than trucks, whereas others are more suitable ..
Suppose that after hurricane Irene, the average income in Cape Charles, Virginia decreased by 14%. In response to this change in income, suppose the demand for steak in Cape Charles decreased by 4%. What is the income elasticity of demand for steak?
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