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Questions:
What is inflation? What are the causes of inflation? Is inflation desirable and what can be done to control inflation in a market economy?
What is the Consumer Price Index (CPI)? How has the CPI behaved since the year 2000? What have been the causes of these changes? In your response, include a graph of the CPI for this period and cite your source.
What is the Producer Price Index (PPI)? How has the PPI behaved since the year 2000? What have been the causes of these changes? In your response, include a graph of the PPI for this period and cite your source.
What is the Consumer Expenditure Survey (CE)? How has the Survey behaved since the year 2000? What have been the causes of these changes? In your response, include a graph of the CE for this period and cite your source.
What do the measures above tell us about consumer behavior? Have incomes changed enough to offset the inflation since 2000?
What can we predict about future inflation?
What are the implications of these measures for government economic policies?
A restaurant that goes by the name Big Bill's Cafe is contemplating a T-shirt advertising promotion. Monthly sales data from T-shirt shops indicate the demand curve for the T-shirts can be described as: Q = 300 - 5P
On amazon.com, 45 percent of customers pay by American Express credit card. Suppose we have a sample of 5 customers, what is the probability that at least 4 will pay by American Express
Suppose that your current income (Y1) doubles to $4,000 per year. What happens to your current consumption? What happens to your saving?
How does a balanced calendar affect the academic grade point average of public-school students in grade nine?
ACT Scores, A survey of 1000 students nationwide showed a mean ACT score of 21.4. A survey of 500 Ohio scores showed a mean of 20.8. If the poppulation standard deviation in each case is 3,
find gross value added-1import duty-10002 excise duty-10003outpout sold- 50004price per unit of output- 65change in
How many units should be produced to maximize profit? How do this company's marginal costs behave as output increases? Provide a logical explanation as to why a computer manufacturer's marginal costs might behave in this way.
Within Japan, the market value of all the final goods and services produced by Americans is $50 billion, and the market value of all the final goods and services produced by Japanese is $100 billion. what is the GDP of Japan
Use the capital-asset pricing model to predict the returns next year of the following stocks, if you expect the return to holding stocks to be 12 percent on average, and the interest rate on three-month T-bills will be two percent
He has been offered a job at a large textile plant where he can make $20 per hour, but this would force him to close his business. His brother-in-law is a stock broker and tells him that he can get him a guaranteed 5% return on any money he choose..
Estimate a logit model to predict delinquencies in terms of the other variables in the data set. Enter McFadden's Rsquared in the box below.
a safe firm and a risky firm. Each firm needs to borrow the same amount of funds to start a project. The safe firm knows with certainty that it will see a 30 percent return on the project (i.e., for each $100 borrowed, the safe firm will see rev..
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