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1. The United States is currently recovering from its bad recession in over twenty-five years. Applying the resource provided in this and earlier modules of course describe what factors or activities you think helped cause this economic condition. Explain your answer.
2. Economists classify macro-economic indicators as leading, lagging, or coincident. Define each classification and give two examples of each relating the recession that began in 2007 and the recovery that is now under way.
3. Differentiate between seasonal economic factors and cyclical economic factors.
4. In the past some economists stated that the business cycles can be eliminated. Do you agree it is possible for the United States economy to never have a business cycles?
5. Briefly explain what you would have proposed, as President of the United States, to end the 2007-2009 recession.
What is economics system? What are the types of economics system? Briefly explain each type of economics system by giving examples of nations that are close to each type
Suppose you have some information on a sample of investment bankers, and are interested in impacts of height and of seniority on their success.
Suppose that you have just been employed as a consultant to help a company decide which of 3-options to take to maximize the value of the company over the next three years.
Examine and interpret information trends over the most recent 3-year period to evaluate the economy and Canada's current economic status.
A quality control inspector chooses a part to be tested. The part is then declared acceptable, repairable, or scrapped. Then another part is tested.
When disparities exist from census information, housing starts data and other research data when seeking for information to help with predicting the power tool market
An Economics section at a large university keeps track of its majors beginning salaries. We address the question of the value of taking econometrics
Recall from introductory economics that an raise of $1 in government spending may raise GDP through more than $1. The exact value by which GDP goes up is multiplier.
What are the marginal abatement cost functions for each of the two areas? Calculate the loss in the two areas due to over-control (for the rural area) and under-control (for the urban area).
You are attending the yearly shareholder's meeting of PIC firm. A fellow stockholder points out that manager of PIC received $100,000 last year, while the manager of a rival company, CUP Enterprises, earned only $50,000.
Solve the forecast model
The Australian government administers two programs that affect the market for cigarettes.
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