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What is the current GDP growth rate for the U.S.? Examine the trend over the past few years. What trends interest you? What stage of the Business Cycle would the U.S. economy be in currently given the trends? Why might GDP not be considered an accurate measure of economic well-being of a country? Identify at least three limitations of GDP as a measure of economic well-being.
The aim of this assignment is to give you a practical insight into the business strategy process at work in an organisation. The task requires you to work with a group of other students to conduct a case study of an organisation you are familiar with..
Suppose you are visiting the local Big Y supermarket to purchase groceries. At the grocery, you see an advertisement for a store rewards card. The card offers gasoline discounts that are tied to the amount of money that a consumer spends at the st..
while a dairy farmer has a horizontal demand curve? What other suppliers might face a downward-sloping demand curve and what implications does this have for their advertising budget as compared to suppliers with horizontal demand curves?
Suppose you are the manager of the only company worldwide that specializes in exporting fish products to Japan. Your firm competes against a handful of Japanese firms that enjoy a significant 1st mover advantage.
Every college student had the problem of selecting the college or university to attend. Was this a simple, intermediate, or complex problem for you? Explain.
What is a budget constraint? How does a budget constraint explain consumer choices when used in conjunction with indifference curves?
What is the relationship among Japan and Korea's unemployment. What Trends do you see in the data set.
Develop or identify the consumer decision model(s) that you feel applies to this brand or product. Provide the reasoning why the model was selected. Consider any of the models and concepts described in the lessons or text.
Is this type of bonus structure in the interest of the company? Use theoretical and graphical insights from chapter five of the textbook to explain your reasoning.
Suppose the government aims to stimulate the economy as the result of the recessionary gap. Explain which macroeconomic policy action you would recommend. Give both the direction and the magnitude of your policy action.
What are non-profitable organizations that work to improve the image, working conditions and skill levels of people in particular different occupations?
Suppose the simple spending multiplier equals 10. Estimate the size and direction of any shifts in the aggregate expenditure line, the level of real GDP demanded,
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