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What is the "current macroeconomic situation" in the U.S. (e.g. is the U.S. economy currently concerned about unemployment, inflation, recession, etc.)? What fiscal policies and monetary policies would be appropriate at this time?
Assume the airline industry consisted of only 2 firms: American and Texas Air Corp. Let the two firms have identical cost functions, C(q) = 40q. Suppose the demand curve for industry is given by P = 100 - Q and that each firm expects the other to ..
General Electric had some managerial changes due to patterns of change reflective of it production of Generators and Compressor & Motors. What was the market model used during that time, monopoly or oligopoly or another
Identify how interest rates affect the cost of operating the business-Explain how business planning and operations are dependent on monetary variables other than interest rates
President Obama pushed his massive fiscal stimulus package of $787 through the Congress and later passed by the House and Senate, whose centerpiece was spending most of this stimulus funds
Illustrate what did classical economists assume about the flexibility. What disagreements did Keynes have with classical economists.
The cost of digital cameras calls. What happens to the demand for memory card. What happens to the demand for digital cameras.
Illustrate what extent are these definitions of economics and happiness similar. To what extent are they different.
In the class, we discussed the Paradox of Thrift argued by John Maynard Keynes. According to the argument, even if many household decide at the same time to increase their saving, the total saving will not increase in the long run, while it leads ..
Plot the production possibilities frontier in Question 1 on a graph. Measure food along the horizontal axis and tractors along the vertical axis and plot the new production possibilities frontier
Is there a parallel among diminishing marginal utility in consumption and diminishing returns in productio.
A no of empirical studies of automobile demand yielded the subsiquent estimates of income and price elasticities
Illustrate what is included in determining any of the measures of money supply. what happens to the equilibrium price level and output rate.
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