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Unless otherwise stated, answer in complete sentences, and be sure to use correct English, spelling and grammar. Sources must be cited in APA format. Your response should be four (4) double-spaced pages; refer to the "Assignment Format" page located on the Course Home page for specific format requirements.
Part A Describe three (3) ways we can use macroeconomic analysis, with one (1) original example for each way.
You are running a small yard maintenance business for the summer. What do you expect to happen to the number of yards you can maintain in a day as you add workers if you don't purchase more capital equipment (like mowers and leaf blowers)? Provide at least two (2) supporting facts to support your response.
Part B
Using the real business cycle theory, explain two (2) effects of an adverse technological shock on the labor market and on the output market.
Suppose you were interested in increasing technological progress in your country. Suggest two (2) ways to do this.
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tish discovered that her garage actually sits over the property line and is two feet onto the property of her neighbor.
Discuss what has occurred to change the demand for, or the supply of, the good or service, and market prices of those products or services.
Assume the Federal Reserve Board is undertaking anexpansionary monetary policy. Explain the detailsof how the expansionary Fed impacts each of the following:
gm announced that it will close its oshawa truck plant in 2009 and a windsor transmission plant in 2010. ford
If the inverse demand function p() facing a monopolist is downward sloping, and if the total cost function c() is upward sloping, then the profit maximizing level of output will occur where demand is elastic, where E(y)
Joshua loans his son, Seth, $100,000 interest-free for five years. Seth uses the money for a down payment on his home. Assume that the applicable federal rate of interest is 5 percent.
Provide a business or political example of the prisoner's dilemma from the field of game theory. What is the payoff for each participant in your example.
Illustrate what marketing, pricing, distribution or other competitive advantages can firms exploit. What limits or constraints are on these firms.
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