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Create a 4 slide Microsoft® PowerPoint® presentation that will be presented to the Morgan Stanley's Executive Committee. The presentation should cover the following items:
Some people seem to believe that there are goods for which the law of demand is irrelevant, goods that people just “can’t do without.” Why do economists believe that the law of demand applies to all goods.
Explain how does the market system efficiently perform the functions of communication, coordination and motivation in the distribution of resouces to comsumers.
Give your opinion on whether or not the development of the International Space Station stimulated economic growth. Justify your response.
After two quaters of increasing levels of production, the CEO of Canadian Fabrication and Design was upset to learn that, during this time of expansion, productivity of the newly hired sheet metal workers declined with each new worker hired. Explain ..
Identify three types of competition that most firms encounter other than competition from other firms in their industry in their home country. (b) Is it good for the economy to have more competitive markets? Explain. (c) If government industry regula..
Suppose you are running a randomized experiment to assess the effect of X, say some training program for unemployed people, on Y, say the chance of finding a job in the coming year. Suppose also that X takes time: maybe it lasts for several months. I..
Karen's money income is $180, the price of X is $3, and the price of Y is $1.5. Given these prices and income, Karen buys 40 units of X and 40 units of Y. Call this combination of X and Y bundle C. At bundle C, Karen's Marginal Rate of Substitution b..
The nation of Acirema is “small” unable to affect world prices. It imports peanuts at a world price of $10. Now suppose Acriema imposes a production subsidy of $2 per unit produced by Acriema’s firms. Calculate and graph the new equilibrium with the ..
Explain the difference between absolute and comparative advantage. Explain the law of increasing (opportunity cost). What causes cause to increase? What factors or events could cause an inward shift of the production possibilities curve?
All other things being equal which of the following is not likely to lead to faster growth of GDP per capita if we assume diminishing marginal product of capital improving government starting poorer higher savings rates higher population growth
A currently owned shredder originally costing $800,000 was purchased 6 years ago for use in a refuse-power edelectrical generating plant. It was depreciated as MACRS-GDS 5-year property due to its status as analternative energy item. It has a present..
An outright purchase of $20,000 now can be traded for 30 equal payments of $893 per month, starting one month from now. What is the monthly interest rate that establishes equivalence between these two payment plans?
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