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Assume you are a broker at an investment advisory company. You and your client disagree on investment decisions he wants you to make decision on his behalf You feel that these investments fall outside of the client's investment objective and risk tolerance. The client is adamant and informs you that if you don't place the orders, he will find someone else in the firm who will do so. Should you comply with your client's wishes or fire him? Provide a detailed justification for your decision.
Assume that the Keynesian short run aggregate supply curve is applicable to a country's economy. Construct appropriate diagrams to assist in answering the following questions:
What is the Marginal Rate of Transformation between sugar and tea?
The CEO and COO in the United States hope to use your writing and experience to convince other workers of value of what Acme is doing abroad.
You're advising a friend who has a decision to make regarding Social Security. He is about turn 62 years old, and is eligible for early Social Security benefits. His early benefits would amount to $677 each month.
A firm has a cost function given by the following: Find the firm's production function, y= f(x1, x2).
The small town of Middling experiences a sudden doubling of the birth rate. After three years, the birth rate returns to normal.
June 26 2008 - A recent opinion through Opinion Research Corporation found that many United States businesses are missing out on vital feedback and ideas from their own workforces.
Draw a standard supply and demand diagram which shows the demand for new housing units that are purchased each month, and the supply of new units built and put on the market each month.
Governments have sometimes not remembered about elasticity when they formulate tax rule. A few years before the city fathers in Washington DC wanted to raise revenues so they raised gas tax by ten cents a gallon.
For each of the following state whether you would make an aggregate demand or aggregate supply diagram and forecast what shift each condition would cause in the AS or AD curve and why so.
Derive the firm's supply curve, expressing quantity as a function of price. Derive the market supply curve if North Carolina Textiles is one of 1,000 competitors. Calculate market supply per day at a market price of $47 per unit.
Think a country that initially consumes one hundred pairs of shoes per hour, all of which are imported. The value of shoes is $40 per pair before a ban on importing them is imposed.
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