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Explain the role of the Federal Reserve, who monitors it and is it effective in its job? Evaluate one of the strategies of the Federal Reserve.
No words limit............
determine the environmental variable most likely to affect the short-run production over the next 12 months. Determine what managers can do to prepare for the possible change in short-run production. Pick a real or fictitious business.
Distinguish between liberal economics and conservative economics. Why is macroeconomics an inherently political subject? Summarize the problems that can be created by rapid inflation. How can inflation become self-perpetuating?
Illustrate how increase in human capital affects production function. Blue line (circle symbols) in graph below shows production function.
q1. discuss one recent price change that you have noticed while visiting your local supermarket. determine whether or
The admissions office wants to determine how many in-state and out-of-state students to accept for next fall’s entering freshman class. Tuition for an in-state student is $7,600 per year while out-of-state tuition is $22,500 per year.
Explore the differences between economic model, economic theory, and economic policy. How would you explain this to a friend who has no clue what the differences are. Compare and contrast.
If the value of M increased from 50,000 to 60,000 also nothing else changed which would equilibrium price increase or decrease. Would the equilibrium quantity increase or decrease.
Use the IS-LM, AD-AS model to illustrate the short-run and long-run effects of an unexpected decrease in the money supply. [Assume that the economy moves immediately to the new intersection of the IS & LM curves.] Repeat part a assuming that the decr..
The 1st way is simply to utilize the price of the product in the exporter's home marketplace as the fair marketplace value.
q. imagine a society that produces military goods and consumer goods which well call guns and butter.a. draw a
Illustrate what is the profit maximizing price of carpets. Illustrate what is the profit maximizing price of carpets.
If the table represents the demand faced by a monopoly firm, then what is that firm's marginal revenue as it increases output from 1300 units to 2200 units - Is demand elastic or inelastic in the $6-$8 price range? How do you know?
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