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Q1. On April 1, 1996, Taco Bell, the fast-food chain ran a full-page as in the New York Times with this news: "In an effort to help the national debt, Taco Bell is pleased to announce that we have agreed to purchase the Liberty Bell, one of our country's most historic treasures. It will now be called the Taco Liberty Bell and will still be accessible to the American public for viewing. We hope our move will prompt other corporations to take similar action to so their part to reduce the country's debt." Would such actions by U.S. corporations actually reduce the national debt as it is now measured? How would your answer change if the U.S. government adopted capital budget? Do you think these actions represent a true reduction in the government's indebtedness?
Q2. The social security system levies a tax on workers and pays benefits to the elderly. Suppose that Congress increases both the tax and benefit. For simplicity, assume that congress announces that the increase will last for only one year.
a. How do you suppose this change would affect the economy?
b. Does your answer depend on whether generations are altruistically linked?
Illustrate what does the evolution of Coke's strategy tell you about the convergence of consumer tastes and preferences.
Draw and show the change in the PPF when an outbreak of avian flu sickens millions of agricultural and industrial workers.
What research the long-run effects of entry into monopolistically competitive industries on prices, output, and profits. Explanation must be substantive.
Distinguish between the resources market and the product market in the circular flow model.
May be imposed either to raise revenue (revenue tariffs) or to shield domestic producers from foreign competition (protective tariffs).
What would be the effect of a $5000 increase in the competitors' advertisement expenditure and outlet demand curve c) What would joy's advertising expenditure have to be to counteract this effect?
q1. do protectionist policies benefit producers consumers workers or the government? explain. explain how the buy
In this exercise, you will find actual points on the combined PPC of the two states. For each of the following values of one good, calculate the maximum amount of the other good that the two countries could produce working together.
Describe the likely economic impact to a company if its bonds are down-rated from AA to A in its annual review from Moody's and S&P. Find the price of a 20 year bond that has a coupon rate of 8%, pays semi-annual interest, and has a $1,000 face amo..
Illustrate what does your anticipated adjustment process imply about the CR for the industry.
Evaluate the results of the regression equation tells managers and how it is likely to impact decisions made related to maximizing profitability.
A political campaign manager must decide whether to emphasize television advertisements or letters to potential voters in a reelection campaign.
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