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Briefly explain the relationship between real GDP and potential GDP and between the unemployment rate and the natural rate as the economy moves through a business cycle as it grows.
Your company manufacturers controllers utilized in the production of commercial air conditioning units and currently selling them at $50 each. Marginal costs are $30 for production up to 10,000 units per month. Production cannot be pushed beyond 10,0..
What happens to consumer and producer surplus when the sale of a good is taxed? How does the change in consumer and producer surplus compare to the tax revenue?
How do you find the consumer's price consumption curve for the prices of X? This is in reference to the first question of the Penn State Econ 302 Homework #2
What are the two major definitions of IRR? What is the re-investment assumption of this model, and how does that compare to that of the NPV model?
Presume you originally invested in a firm when it was small and unprofitable. Now the firm has grown to be large and profitable. Would you be better off now if you had bought the firm's stock or the firm's bonds?
What is a product or service that Chevron offers? Create a graph representing the current market it. Use the current market price of one of their products for the Ep and Eq. Name all elements in the graph including, but not limiting to: supply, deman..
the fixed cost for a steam line per meter of pipe is 450x 50 per year. the cost for loss of heat from the pipe per
The CEO of Home Depot wants to see if city size has any relationship to the current profit margins of the company stores. What data type will he likely use to determine this?
Determine the output of steel, coal, iron ore, and rail road companies needed to satisfy a final demand of $550 million of steel, $300 million of coal, $150 million of iron ore, and $120 million worth of rail road service
Pick a good or service and illustrate its market with supply and demand curves. Explain what each curve represents and tell what (specifically) would shift each of the curves.
Different theoretical views on national debt
The following appeared in a magazine article that argued against free trade: "The U.S. is currently in a precarious position. In addition to geopolitical threats, we face a severe economic shock. We have already lost trillions of dollars and milli..
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