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United States and other industrial economies have gone through periods of fluctuations in real GDP, employment, and the price level. Given the current trend of these metrics in the US, how will you describe the stage of the US economy in business cycle - recession, trough, expansion, and peak? What factors did you use in making that determination?
Rivalry is especial destructive to probability if:
What is expected salary of a CEO who has been with company for years. Construct a 95% confidence interval on prediction for average CEO who has been with company for 10 years.
In the past, some people believed that the Federal Reserve routinely expanded the money supply during presidential election years in order to stimulate the economy and help the incumbent president. For this question, assume that the Fed increases inf..
A company that produces toys is considering backward integration into production of a certain type of oil, an important component in making the rubber-like material required for the toys. This oil is traded in world commodity markets and its price fl..
Consider a firm using labor and capital as its only inputs. The price of capital is $40 where the price of labor (wage) is $60. Using 500 units of labor and 500 units of capital the firm is producing 1200 units of output. At this mix of input the fir..
If firms to act socially responsibly and consider the social marginal cost, what is the equilibrium price and quantity. How do the equilibrium prices and quantities in the two scenarios compare with each other? What is the economic intuition behind s..
q. mining is proposed for a wilderness area that provides two benefits recreation due to backpacking opportunities and
Explain how the raising of short-term interest rates would affect all of the following in the United States: the inflation rate, the unemployment rate, the value of the U.S. dollar, net exports, and U.S. stock markets. Include at least one well-label..
q1. how do expectations of a near-term policy reversal weaken fiscal policy based on changes in tax rates?q2. why are
When the price of wheat rises from $2.34 to $2.46, some farmers switch crops, and the amount of barley offered on the market falls from 101 million bushels to 99 million. What is the cross elasticity of supply? When the wage rate rose from $6.25 per ..
P Company acquired 27,000 shares of the common stock of S Company on 1/1/15, for $710,000 cash. The stockholders’ equity section of S Company’s balance sheet on that date was as follows: What is the “REAL” journal entry to record the stock acquisitio..
What is the Federal Reserve (Fed) all about? Which Federal Reserve District Bank is closest to you? Who is the current Chairman of the Fed? Should the Fed remain independent from political authority or should the President and Congress have a say in ..
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