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1. Why should state and federal regulations exempt small businesses until they have more than $5 million in revenue or 50 employees. how have Obama Care and rising min wage affected the success of small businesses.
2. What is government budget deficit? How does it affect interest rate, investment and economic growth.
3. Explain how higher saving leads to a higher standard of living. What might deter a policymaker trying to raise the rate of saving.
What desire to purchase does not vary with time. Ignore the time value of money and compute the optimal pricing scheme of the iPhone.
How do investment in technology and investment in capital differ? If banks hold excess reserves whereas before they did not, the money multiplier:
Assume the inflation rate is constant. Write down this number on a piece of paper because you will need the information for a subsequent question.
You hear that during the last recession in the early 1990s consumer incomes fell by 10% and the purchase of computers fell by 17%. From this you determine that: since the income elasticity of computers is positive, computers are a normal good
A researcher is using data for a sample of 274 male employees to investigate the relationship between hourly wage rates Yi (measured in dollars per hour) and firm tenure Xi (measured in years). Preliminary analysis of the sample data produces the fol..
Describe aggregate supply from a classical economist’s perspective. P(t) = US$2 per coconut; E(t) = MX$1 per US$; P ROW(t) = MX$3 per coconut. a. What is the real exchange rate? b. Does purchasing power parity hold? Give three reasons why the purcha..
Graphs are normally two dimensional in their use of an x and y axis. What advantages do multi-dimensional graphs have in terms of using three dimensional representations (x, y and z graphs or even additional axis representations) and do these present..
One day you realize you're tired of smelling like refried beans all the time and begin thinking about starting your own business. After doing some investigation you decide to spend 15 hours per week running a photocopy service in your dorm.
Policy related to the government expenditure and taxes is called---- and the policy related to money supply and interest is called---- whose recent attempt is mainly focused for----
Two clinics want to merge. The price elasticity of demand is -0.20, and each clinic has fixed costs of $50,000. One clinic has a volume of 7,200, and marginal costs of $50, and a market share of 2 percent. what are the total costs, revenues, and prof..
Read the article "The World's next great leap forward. Towards the end of poverty." Then answer the questions below. According to the article, how is poverty reduction achieved? In other words, what is the source of poverty reduction? What will happe..
With increased access to wireless technology and lighter weight, the demand for laptop computers has increased substantially. Laptops have also become easier and cheaper to produce as new technology has come online. Despite the shift of demand, pr..
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