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Question: Collect quarterly data on personal consumption expenditure (PCE) and disposable personal income (DPI), both adjusted for inflation, and regress personal consumption expenditure on personal disposable income. If you think there is a seasonal pattern in the data, how would you deseasonalize the data using dummy variables? Show the necessary calculations.
If citizens in the European Union (EU) favor investing in US financial assets (such as corporate and government bonds) over financial assets in the EU, will this make it a good or bad time to take a European vacation?
he country's policymakers decide to use Keynesian demand management policy to try to get to full employment. How much should government spending change?
I owned both of the two Jerry Garcia autographed lithographs in existence. I sold one on eBay for a high price. But when I sold the second one, the price dropped by 80%
Explain why Regulation Q caused difficulties for banks and other depository institutions, especially during periods of rising interest rates.
find an article from the media internet newspapers magazines etc. on a current event that addresses an economic concept
Interact with a senior manager, which from a CPA firm, to discuss their philosophy of leadership and specific strategies they have used to lead. After the interview, you will practice applying your knowledge of leadership to study the intervie..
How would you account for the fact that although some observers claim competition is declining in the American economy, every business firm insists that it faces strenuous competition? Explain.
This alternative approach asks how a person could achieve a given target level of utility at minimal cost. Develop a graphical argument to show that this approach will yield the same choices for this consumer as would the utility-maximization appro..
How do the jobs that are flowing into the U.S. compare with the ones that are flowing out?
Assume that the MPC is 0.85 and that the Government is considering to boost the economy to increase real GDP by $2 trillion for the 2008 general elections.
Explain how an increase in the cost of job loss may lead to an increase in the intensity with which workers work. What role does the wage rate play in this process?
In the short run, a particular type of skilled labor is the only variable factor used by a firm. The manager of the firm has estimated that the marginal product of labor is given by MPL = a - b L, where a and b are numbers to be specified below.
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