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Discuss how the nation's present economic situation may affect your business in the next year (your market is the entire US economy). Contain the following in your analysis.
a) Expected GDP growth
b) Expected changes in unemployment level
c) Expected changes in inflation
d) Effects of the federal budget negotiations
e) Effects of the European debt crisis
Lender of Last Resort The central bank also acts as the lender of last resort. Historically, this function developed out of the special position of the central banks. The centr
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I. A farmer – businessman is in a quandary as to what crop to plant in his land. He has the option to plant Crop A, Crop B, or Crop C. f the weather turns out to be good and the
A firm producing hockey sticks has a production function given by X = 2 KL In the short-run, the firm's amount of capital equipment is fixed at K = 1000. The rental rate fo
assignment
We can analyse the equilibrium of a firm under Perfect Competition in both the long run as well as in the short-run. SHORT RUN EQUILIBRIUM OF A FIRM UNDER PERFECT COMPETITION
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