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Tom Brown, the controller for MicroTech Software Company, is responsible for preparing the company’s financial statements. He learns that sales for the first quarter of the year have dropped so dramatically that the company is in danger of bankruptcy. As a result, he applies for an accounting position with another software company that competes with MicroTech. During his job interview, Tom is asked why he wants to leave MicroTech. He replies truthfully, “The company’s sales are down another 10% this quarter. I fear they will go out of business.” At that time, MicroTech had not released its sales results to the public. Discuss the ethics of this situation
Name 5 stylized facts about the business cycle.2. Rank order these three ideas from "most optimistic about how a temporary tax raises consumer spending" to "least optimistic" about the same, and explain.
Present the arguments for free trade and the arguments for protection of the US domestic steel industry. Analyze and evaluate the arguments. What policy should we follow in the steel industry and why
In which of the following circumstances is expansionary fiscal policy more likely to lead to a short-run increase in investment? Check all that apply.
Assume only two countries, China and the US. If China decides to stimulate growth through a policy of running a large export trade surplus, does China’s national saving increase? Show the relationship between China’s national savings, domestic invest..
The European Engine Company (EEC) is a multi-national manufacturer of small gasoline and diesel motors.
q1. according to the article gdp every capita or every head in europe has leveled off at illustrate what fraction of
How does an increase in the saving rate affect the break even and actual investment curves in the Solow model? Use graphs also.
q1. how could you use cost volume profit analysis in a products of choice. explain its benefits and limitationsq2.
Which of the following represents a short-run decision? A farmer discovers that the total cost of growing 2000 acres of corn is $400,000 and that the total cost of growing 2001 acres of corn is $401,000. The marginal cost of the 2001st acre of corn i..
Which of following claims concerning importance of effects that explain slope of U.S. Aggregate demand curve is correct.
Explain how premium business models work. Make sure to include the mathematical equations we used in the Dropbox case study to describe the economics of this type of offering (calculating how many paid customers are needed to support free customers).
Explain how central bank manages a nation's monetary system. Outline stated direction of recent monetary policy in United States.
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