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Ethanol as Fuel and Effects on the Corn Market
Explain how the market for corn would be affected if ethanol, a corn derivative was used to fuel cars in the United States. How would the market be affected if a new technology caused corn farming to be more efficient?
Elucidate why a decrease in aggregate demand results in a lower level of employment, given a fixed aggregate supply.
There has been some speculation that tax deductions like as the one allowed for interest on home mortgages will be eliminated or altered.
Explain how would you use these cost also revenue estimates to determine whether a sales force increase (or possibly a decrease) is warranted.
Explain how the Central Bank can set the nominal interest rate in the money market. In addition, explain how it can use expansionary monetary policy to boost GDP if the economy is in a recession.
The marketplace is saturated with modems, and your sales department has been able to identify only one potential buyer of your modems.
Explain how can rational thinking the above behaviors. How do your thoughts impact, if at all, your opinion of the theory.
In light of the theory of comparative pros are any restrictions on free international trade advantageous
Explain International Monetary System
The federal government, in an effort to stimulate the economy also decreases taxes on all individuals except those earning over $250,000 per year.
After two years the City of Plentiful is faced with a fiscal crisis and decides that it wants its garbage back.
The equivalent uniform yearly cost per machine (years 1-5) at an interest rate of 8% per year is.
You are the adviser to a Benevolent Social Planner. GDP is falling also the economy is in a recession.
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