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You have some goods to auction. You have a friend who suggests that you use an English auction. What information do you want to know before you decide whether or not to take your friends advice?
Explain how will these events impact the equilibrium price and quantity of generic soft drinks.
You are the manager of 3D Designs-a large company that does graphics work for Disney and other companies. You and your only competitor are contemplating the purchase of a new 3-D imaging device.
Elucidate how tax credit to a business would help to stimulate the economy.
Suppose you have just joined a regional investment banking company. They have offered you two different salary arrangements.
Suppose you are the manager that sells a commodity in a market that is, for all intents and purposes, a perfectly competitive market.
Use the data on U.S. real GDP below to compute real GDP per person for each year. Then use these numbers to compute the percentage increase in real GDP per person from 1987 to 2005. Year REAL GDP (2000 prices) population 1987 $6,435,000 million..
Given an increase in spending of $1,000, and a Marginal Propensity to Consume of 80% (8/1 0), what would be the total increase in the GDP (as a result of the Multiplier?) What would the Multiplier be? Show your work.
Enron executives were charged with numerous counts of corporate fraud and corruption. Among the charges was "insider trading", which involves the trading of a corporation's stock by insiders who may have access to information that the public does ..
Explain the difference between saving and investment as defined by a macro economist. Which of the following situations represent investment? Saving? Explain.
Using the utility function: U (x, y) = x^gamma + y^gamma , 0
The government budget is balanced, with government purchases and taxes both fixed at $1,000. Net exports are $100. Investment is $600. Find equilibrium GDP. What is the multiplier for this economy?
Larry receives a scholarship to attend the local college. The scholarship terms provide $7,000 for tuition, books, and related expenses for the academic year
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