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Question1. Determine what type of monetary policy has the Federal Reserve been using for the past year (easy/expansionary, tight/contractionary, or neutral/non-involvement)?
Question2. Why have they been using this policy?
Question3. How have they implemented the policy (changing the "interest rate", changing the reserve ratio, or open market operations)?
Question4. How has this policy impacted you and/or your company(retail electronic sales)?
Choose an article in a newspaper or magazine that discusses a United States government policy on goods or services.
Levi Strauss successfully markets Levi jeans on the History channel as a way for older men to stay young forever. What will happen in the jeans market ceteris paribus?
Determine price and the level of service if competitive bidding results in a perfectly competitive price/output combination. Determine price and the level of service if the car lot grants a monopoly franchise.
what are the capital (k) and labor (L) elasticities of production? What do these elasticities tell you? Log Q=-1.5+.52log k+.65log L
Suppose there is a market for an industrial compound, Weon. This industrial compound is used as an input for production of cleaning agents.
Assume that the following table describes prices, incomes, and per person lobster consumption in three United States cities.
Graph the supply and demand schedule for pizza using $5 through $15 as the value of p. In equilibrium, how many pizzas would be sold at what price?
Suppose that firms in the short-run are earning above-normal profits. Describe what will take place to these profits in long-run for the following markets:
Suppose you are analyzing market for minivans. What will be the impact on the equilibrium price and quantity of each of the following events on the minivan market?
Assume that you get a summer intern job and a recession start while you are there. Prepare a memo to your boss, who is a member of Congress,
Solve the partial derivative
Explain how a company that is competing in a purely (or perfectly) competitive market should increase its competitive stance in the marketplace. Provide specific examples.
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