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1. How does the macroeconomic environment affect the firm's decision making? Explain briefly the important variables influencing business activities.
2. What are the main components of Aggregate Demand? Which components are more volatile than others? Explain.
A philanthropist working to set up a permanent endowment wants to deposit money each year, starting now and making ten more deposits,
Calculate the equilibrium level of income or real GDP for this economy. What happens to equilibrium Y if Ig changes to 15? What does this outcome reveal about the size of the multiplier?
Assuming the total population is 150 million, the labor force is 100 million, and 94 million workers are employed, What would be the unemployment rate?
Even in firms in a monopolistically competitive market collude successfully and fix price, economic profit will still be competed away if there is unrestricted entry. Explain. Will price be higher or lower under such an agreement in long-run equil..
Here is an article for discussion http://www.uniteduc.org/why-is-education-so-important why education is so important?
About 30 US localities circulate their own currency with names such as "Ithaca Hours" and Dillo Hours." Doing so is perfectly legal
Task 1 - Commercial banks in United Economy have total deposits of AED 300 billion. Their reserves are AED 15 billion, two- thirds of which are with the Central Bank as deposits. There are AED 30 billion notes outside the banks. There are no coins..
Beta Corporation received permission to change its tax year from a calendar year to a year ending August 31. Its income for the eight months ended August 31 is $96,000.
D&Z Dry Foods Distributions specializes in the whole distribution of dry goods, such as rice and dry beans. The firm's manager is concerned about an article he read in the morning's Wall Street Journal
Explain why the following statement is false: If a firm's output is increasing and marginal cost (change in total cost divided by change in quantity) is rising, then average total cost (TC/Q) must be rising also.
suppose a person defects from cuba a country that generally disregards the use of markets to the united states and asks
What were the effects of the tobacco program on total U.S. welfare? Explain this "surprising" result. Who paid the cost of supporting producer prices under the U.S. tobacco program? Who benefited?
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