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The fact the unplanned inventories do not equal planned inventories has no effect on business decisions to invest or on GDP. True or False. Explain why?
Write a few paragraphs summarizing the documentary. What does the filmmaker think is wrong with the current state of the food industry?
Sketch the indifference curves implied by each of the following statements:
calculate the profit maximinizing output. calculate the economic profit earned. Illustrate what is the industry for product equilibrium.
What are the potential consequences of a country having a large overall debt? If you were in the position to implement a solution for the country's long-term debt, what would it be and why?
q1. explain why hyperinflation has such a devastating impact on economies.explain what it takes to stop hyperinflation
At university he attended, he spent $2,000 on books, $1,000 on cough medicine and earned $12,000 as an economics instructor. Illustrate what were Jon's economic costs while attending college.
Why would your company have bid with a zero mark-up on some past tenders? Why didn't it win all of those contracts? What is the bid price that maximizes the expected contribution of the contract?
Perfect and imperfect multicollinearity: Define perfect multicollinearity either mathematically or explain it intuitively. Explain how imperfect multicollinearity differs from perfect multicollinearity (you may, but don’t have to, use examples).
"The problem with economic policy becomes most obvious when attempts are made to tinker with little economic changes, as the tools governments have at their disposal are too crude." This statement is a criticism of
A sum of $25,000 is deposited into a savings account, which pays a yearly nominal 8% interest compounded semi annually. Equal annual withdrawals are to be made from the account, beginning 1 year from now and continuing forever. The maximum amount tha..
Assume an economy with a total population equal to 1. Individuals can only be employed or unemployed. Suppose this economy’s steady-state unemployment rate is 5%. We know that workers can lose their jobs and become unemployed with probability 4%. Wha..
If the annual real interest rate on the loans is 6%, explain how many car companies will buy a new car assembly machine.
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