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General Motors - Economic Indicators
1. Current ratio2. Quick ratio (acid test)
Define each
? Describe current status
? Do a graph illustrating a historic trend (5 years)
? Analyze the relationship among inflation, unemployment and the business cycle.
? Evaluate the impact of inflation, unemployment and the business cycle
? Explain if the conditions are consistent with the Keynesian or classical economic theory.
Using the following data calculate Disposable Income:
Using the tools of analysis developed in this course, demonstrate that removing the subsidy will make consumers worse off but will nevertheless improve society economic welfare.
A study sponsored by the American Medical Association suggests that the absolute value of the own price elasticity for surgical procedures is smaller than that for the own price elasticity for office visits. Explain why this would be expected
Draw a graph showing hte above situation. Include in that graph, the monopolist's cost curves, demand and marginal revenue curves and the price and quantities that are indicated by the situation described above.
Suppose that the software market currently has only one firm operating - microhard. A new firm Newvell could enter the industry.
The best Leisure John may get in a week is 168 hrs. Other than that how many hours a week John works, he gets a $200 allowance from his father.
write down the paper only to give a substantive feedback based on accounting concepts relative to price management
Using the IS/LM/BP model, demonstrate the effect of each of the following changes. Assume that the economy is a small country with perfect capital mobility and a flexible exchange rate.
Engineers at the national research laboratory built a prototype automobile that could be driven 180 miles on a single gallon of unleaded gasoline.
Which of the following is a long-run macroeconomic policy goal? If the CPI was 132.5 at the end of 2003 and 140.2 at the end of 2004, the inflation rate over these two years was
In article on the steel industry, The Wall Street Journal noted that as steel prices were falling, steelmakers were not cutting production
If the MPC = 0.94, C 0 = 45, I = 150, G = 125, T = 75, X = 50 & IM = 60: Write out the consumption function. Compute the simple multiplier.
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