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DQ 1
Explain the viewpoints of classical and Keynesian economists. How did the economy that existed at the time of these theories influence them? Which theory is more appropriate for the economy today? Why?
DQ 2
What is the difference between contractionary and expansionary fiscal policies? Which is more appropriate today? Explain your answer. How might contractionary and expansionary fiscal policies affect your organization?
Define ways MNCs can use to minimise/reduce/manage exposure to exchange rate risk and interest rate risk. Does evidence indicate that firm size significant.
The firm output sells competitively explain how many tons of output will be produced.
Use these data to calculate the following:a.Private saving b.Public saving c.Government purchases
Panel B shows how the demand for X shifts when the price of related good Y increases from $60 to $68. Use the information in Panel B to calculate the cross-price elasticity. Are goods X and Y substitutes or complements?
Explain how much would the combined production of pineapples increase for the two islands due to trade. How much would the combined production of pearls increase.
If operators receive $25 an hour, how many operators should the agency hire. Illustrate what is the most the agency would be willing to pay the first operator.
Explain it surprising that the company's revenue increased when it decreased the average selling price of its phones.
Illustrate what is an opportunity cost. Elucidate how does the idea relate to the definition of economics.
Mrs. Smith is earning a loss and should shut down in the short run. Mrs. Smith is earning a loss but should continue to operate in the short run. Mrs. Smith is earning a profit since the price is above the average variable cost.
Wheat farmers will receive total revenues from consumers and the government totaling
Why might variations in the dollar's value in terms of other currencies cause the trade deficit to move independently from the changes in the government budget deficit.
When other companies refused to follow the increase, American Airlines made an attempt to gain customers in the competitors' markets by applying aggressive discounts on the tariffs.
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