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Your coworkers are upset that the current theme in the organization is cost containment and they see that money is being spent on remodeling the emergency department, which is unable to keep up with the demand due to inadequate space. Describe how you would react to your coworkers. What factors are possibly being taken into consideration by administration? Your coworkers think that the money being spent to remodel the emergency department should go to securing raises. How would you explain use of funds?
Assume that the demand for real money balance (M/P)= is M/p = 0.6Y-100i, where Y is national income and i is the nominal interest rate. The real interest rate r is fixed at 3 percent by the investment and saving functions.
The general Manager of an engineering firm wants to know whether a technical artist's experience influences the quality of his or her work. A random sample of 24 artists is selected and their years of work experience and quality rating(as assessed..
suppose your average unpaid balance is $1000 each month and your credit card's interest rate is 18 percent. What should be your total interest expense for the years
Projected government revenues from blood sucking income andconsumption taxes, not to mention pick-your-pocket duties andexcise tases is $243 billion for 2008-2009 fiscal year.
Draw a supply and demand diagram 2. In equilibrium, how many packs of cigarettes are purchased? What is the equilibrium price? What is consumer surplus and producer surplus in equilibrium? 3. Suppose that a flat tax of $1.50 per unit is imposed on ..
Ithaca is considering a new $50,000 snowplow that will save the city $600 per day of use compared to the existing one. It should last 10 years and have a resale value of $2000. To obtain a 12% rate of return, what is the minimum number of days per..
-was the paper well written -was the paper original - was the paper well motivated -did the paper make clear what it was about, what question it was asking, how it was going to answer it.
The owner of a corner lot wants to fiind a use that will yeild a desirable return on his investment. After much study and calculation, the ower decides that the two best alternatives are to "build gas station" or to "build soft ice cream stand".
Suppose that households are concerned about the future and cut back on their marginal propensity to consume from 0.80 to 0.667. Try this experiment for the Money Supply Target case and the Interest Target Case.
a Calculate the optimal money growth rate needed for the Fed to hit its inflation target in the long run. b In the short run, if output growth is just 2 percent for two years and the equation determining the real interest rate changes to r = 4.5 - ..
An economy's AD curve is described by the following equation: Y = 13,400 - 20,000formula25.mml, where Y is output and formula25.mml is inflation (measured as a decimal).
A local restaurateur whose business had been profitable for many years recently purchased a liquor license, giving her a legal right to sell beer, wine and spirits at the restaurant. The license cost $75,000. While the license is transferable
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