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find out the annual prices of oil for the past 5 years. By what percentage is the current price higher or lower than 5 years ago? Next, go to the Bureau of Economic Analysis Web Site, www.bea.gov, and use the interactive feature to find US real GDP for the past years. By what percentage is real GDP higher or lower than it was.
What would be additional effects follow from this initial effect. What is the total effect of the tax cut on aggregate demand.
Why is efficiency lost at the boundaries as when substantially more of one good and very little of another is produced.
A manufacturer has been selling 1600 television sets a week at 370 dollars each. A market survey indicates that for each 36 dollars rebate offered to the buyer, the number of sets sold will increase by 60 per week. Find out the demand function.
Determine the impact on the economy if the central bank in U.S. used inflation targeting.
Using the midpoint method the price elasticity of Demand for a good is computed to be approximately
Identify your fixed and variable costs at your fast food restaurant, and explain the changes to each of these costs, given the increased demand.
Illustrate what might you call an outward shift of a nation's production possibilities frontier.
what happen if Marlowe obtains 9 units of utility per dollar spent on apples and 6 units of utility per dollar spent on oranges, then Marlowe.
Analyze how the different forces will come together to create a convergence between the interests of stockholders and managers.
Human resources that perform the functions of organizing, managing also assembling the other factors of production
Describe the Schumpeterian notion of "creative destruction"
Provide a rational for why you feel the new target market and pricing strategy would be successful and the likely impact to the profitability of the firm.
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