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If the actual output is seven billion and the potential output is eight billion, then this economy has a(n);budget deficit OR trade deficit OR inflationary gap OR recessionary gap.
Explain.
Plank's Plants had net income of $2,000 on sales of $50,000 past year. The company paid a dividend of $500. Total assets were $100,000, of which $40,000 was financed through debt.
Name the circumstances which indicate an oligopolistic market structure and discuss a real life example of such a market structure. What are the most significant differences between oligopolistic and perfect competition from the consumer's point o..
Elucidate the most important economic indicator affecting your organization and explain why.
What do you regard as the main weaknesses of the Ricardian or Classical model as an explanation of the trade patterns? Why do you regard them as weaknesses?
Elucidate how OPEC would determine the price of oil and the level of output produced by the cartel. How would OPEC's price and output be affected by new discoveries of oil.
Compute the producer surplus from parts a and b. Are producers better or worse off as a result of international trade? Discuss why.
Illustrate the difference in the price elasticity of demand for an individual firm in a perfectly competitive industry as compared with a monopolist.
In an effort to compensate for shrinking land-line customers, SBC and Bell South (owners of Cingular Wireless LLC) got into a building war with Vodaphone to acquire AT&T Wireless. If the buyout took exactly 1 year to close (i.e., end of year 1).
Assume that more firms receive permission to drill for oil in Alaska and United States controlled waters. In addition, suppose that the popularity of SUVs declines in favor of smaller, more fuel efficient automobiles.
If the customer is rational explain how can use affect their economic decisions
A 10-year, 10 percent annual coupon $1,000 bond trades at a yield to maturity of 8 percent. The bond has duration of 6.994 years. What is the modified duration of this bond?
Consider a macroeconomic model of an economy in Long Run market equilibrium. Suppose there were a shock which was going to cause a decrease in aggregate demand. a. What steps could a government take in order to avoid the long-run market correction
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