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Go to https://www.bloomberg.com/markets/economic-calendar and click on any date in the past few weeks. Choose an event (not already chosen for discussion) during that time for which a report with numbers is available. Compare the prior, consensus, and actual results for your chosen event and comment on the accuracy of the consensus forecast. Summarize the highlights of the report. To supplement your summary, click on Event Definition for the event and comment on "why investors care" about it. Further into the class discussion share views on the relative importance of the reports for business decisions.
Using the Discuss tool, post a brief summary of your views on the importance of the event for business decisions.
Review the March/April 2016 article in Foreign Affairs by Lawrence Summers entitled "The Age of Secular Stagnation: What It Is and What Can
We Do About It?" (a link to the article was provided in the Discussion Guide).
Post any questions you have to the Discuss tool about the argument that insufficiency of aggregate demand is the cause of slow economic growth in advanced economies and/or your comments on the merits of the argument.
A petroleum drilling supervisor on an offshore drilling platform decides to add an extra six-hour shift each day to keep the drill rig running 24 hours per day. Determine whether the mananger is concern with a short-run or long-run production dec..
q. an economy has the following consumption functionc200 0.8 dithe government budget is balanced with government
Assume that an economy is in the long-run equilibrium with the GDP deflator of 150 and potential output of $40 billion. The economy is experiencing a shock – a sharp drop of stock prices. What problem is the economy facing? The government decides to ..
Suppose now that the country imposing the export tax in part (a) of this question is a “large” country rather than a “small” country. Is it an advantage or a disadvantage for a country to be “large” rather than “small” when it imposes an export tax? ..
HomeGrown is a small restaurant that specializes in serving local fruits, vegetables and meats. The company has chosen to enter into a long-term relationship with Family Farms, a local farming operation. The two parties have decided to enter into a l..
A manager of a day-care center in Christchurch, New Zealand has a clearly stated policy that parents are supposed to pick up their children by 4pm (16:00). But often parents are late. Each week, there is an average of eight late pickups. To combat ta..
The aggregate-demand curve shows the
"In a recent 'earnings call,' a teleconference call to shareholders in which the CEO reports and discusses quarterly earnings per share, Coca-Cola's CEO Muhtar Kent bragged about 'winning' market share from rival beverage company PepsiCo. The WSJ rai..
In turkey, many shopping mall owners charge different rental rates on their tenants. The shops of local and relatively unknown brands pay higher rental rates per square meter than the international and famous brand shops. Local shop owners protest th..
Fast forward five years and you are the proud owner of Healthy Child, LLC. Health Child is a store with seven locations throughout Georgia which sells healthy child products ranging from clothing to toys to food items. What laws does it violate if yo..
Monopolistic competition is similar to perfect competition in that:
Suppose total benefits and total costs are given by B(Y) = 150Y − 10Y2 and C(Y) = 5Y2. What level of Y will yield the maximum net benefits?
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