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Give an example of an event or incident that has taken place in the U.S. economy which has a major economic impact--be specific, e.g., 9/11 attack, natural disaster, rise or fall in oil prices due to OPEC policies, consumer optimism or pessimism about an expected economic expansion or downturn, increase in government spending on healthcare, tightening of the legal and institutional environment, and so forth. What effect would this event have on AD or AS, other things being constant? What would be the resulting effect on equilibrium price level? Explain. What will be the effect of the different tools of fiscal policy to stabilize the economy? Give an example of a built-in stabilizer and explain how it would work to reduce this rise or fall in the level of AD.
The process organizational socialization has strengthened workers also makes them more united.
he perfectly competitive form maximizes profits by producing 10 units of output. At what price does it sell these units.
annual profits which estimate to be 85 million per yr for a 20 yr period. at a corporate MARR of 10% per year, Does project indicate it will make at least the MARR.
What will happen to equilibrium price of new textbooks if more students attend college, paper becomes cheaper, textbook authors accept lower royalties and fewer used textbooks are sold.
Elucidate when the monopolistically competitive firm lowers price from $16 to $12, how much does total revenue change.
the average product of labor is 50 and the marginal product of labor is 75. The wage rate is $80 and the total cost of the fixed input is $500. What is the average total cost.
illustrate what is the new equilibrium price and quantity. Compute the equilibrium price and quantity in this market.
Determine the price elasticity of demand at each quantity demanded using the arc or midpoint formula.
Calculate the coefficient of price elasticity (midpoints approach) for Goldsboro's supply. What was Diane's economic profit.
Elucidate how production possibilities table or curve reflects law of increasing opportunity costs. Illustrate what do points along PPC recurrent (with respect to available resources).
The number of days' sales in inventory. Round to nearest dollar and one decimal place. Illustrate what conclusions can be drawn from these data concerning the inventories.
Sketch the monopolistically competitive firm's demand curve by plotting one point on the horizontal axis and a second point on the vertical axis.
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