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Q1. Explain why hyperinflation has such a devastating impact on economies.Explain what it takes to stop hyperinflation and describe the three types of unemployment. What types of government programs would be most effective in combating each type of unemployment?When the world's economies are on a fixed gold standard and the discoveries of gold do not keep pace with the growing world GDP, what happens?
Q2. How do you recover an investment when the residual value is significantly less than the loan value?
Expectations and consumer confidence are important in determining fluctuations in aggregate spending. In your opinion, what is the present status of consumer confidence.
Suppose a consumer is at an optimum, consuming 6 hamburgers a week at a price of $1.50 each and 10 donuts a week at 50 cents a donut.
A major employer in a small town announces upcoming major layoffs of employees. What should we expect to happen to the consumption functions of the affected employees.
Converse alternatives to GDP as a measure of economic benefits in a current economy.
Calculate the firm's optimal output and profits if prices rise to $65 per unit and also calculate equilibrium output, price and profit levels if the firm is typical in its industry.
A Fenway park, home of the Boston Red Sox, seating is limited to 39.000. Hence, the number of tickets issued is fixed at that figure. Seeing a golden opportunity to raise revenue.
What is the impact of a tax cut in an economy operating under a fixed exchange rate regime on household spending, interest rates.
Choose whether to hire a new person in the marketing department or upgrade your computer system.
At a separating perfect Bayes-Nash equilibrium, what is the maximum amount of advertising that a restaurant conducts. What is the minimum amount.
How could a company go about meeting those needs and thus motivate you to work better and harder.
Identify those who gave us the concepts of monopsony and human capital.
how must you consider the issues regarding diminishing marginal returns and economies of scale.
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