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1. What is the "velocity of money"? Why is it important to the macro-economy?
2. Why would some households with increases in "household wealth" continue to consume at their prior household level even given household wealth increases? How would this be related to the velocity of money?
3. Why is U.S. Government spending crucial to the creation of higher "new equilibrium levels"? Is this good for the macro-economy? Explain why or why not.
As the HR manager, you have heard rumors about potential efforts to unionize your warehouse employees. Search for the following articles and read them in order to develop a set of guidelines for supervisors if they are asked questions by employees..
A firm with a kinked demand curve experiences an increase fixed costs. explain how the firm's price, output and profit change.
Why did they make this choice? Would another decision be more helpful? What macroeconomic principles can be used to understand what is happening here?
Suppose that work hours in New Zombie are 300 in year 1 and productivity is $14 per hour worked. What is New Zombie's real GDP? _____$ If work hours increase to 320 in year 2 and productivity rises to $16 per hour, what is New Zombie's rate of econ..
Explain why Brownstown's management was reluctant to release this information to its lenders.
During the late 1990s, several mergers among brokerage houses resulted in the acquiring firm paying a premium on the order of $100 for each of the acquired firm's customers.
Critically discuss that there is no satisfying theory that explains the behavior of firms in oligopoly markets. Which theories should I include in the analysis and give some examples relevant to these theories?
Suppose that Melanie had 200000 of disposable income and spent 180,000 on consumption in 2006 & had 300,000 of disposable income & spent 240,000 on consumption in 2007
The firm provides the equipment and supplies necessary to do the work. It also supervises the workers on the clients' premises. Client A reserves the right to direct the staffing firm workers to perform particular tasks at particular times or in a..
Assume Smith owns and works in a bakery located next to an outdoor cafe owned by Jones. The patrons of the outdoor cafe like the smell that emanates from the bakery.
Suppose a firm's total cost and marginal cost are given byTC= 192 + 10Q+ 3Q2 andMC= 10 + 6Q. What is the output level that minimizes average total cost?
Explain the impact of China, as an emerging economy, on the global economy today. How is the U.S. economy affected by monetary policy in China and the current USD/yuan exchange rate?
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