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modern comparative economists would object to the definition of economic systems only in terms of property ownership
which of the following would cause the supply curve for bread to shift inward1 an increase in the price of bread 2 an
assume that the united states passes a law that allows an additional 1 million persons to immigrate to the united
arlisle company has been cited and must invest in equipment to reduce stack emissions or face epa fines of 19500 per
back in july 2009 matt kistler a senior vice-president at walmart claimed the company was making progress on achieving
what is the result of an increase in the price of bread a normal goodthe demand curve shifts to the right the demand
a multiplex movie theater estimates the week-end demand for afternoon shows to be dp 1000-80p and the demand for
suppose a manufacturer produces a product that it sells to retailers who sell it to consumersbull consumer demand for
jamal has a utility function uw12 where w is his wealth in millions of dollars and u is the utility he obtains from
the methodology of combining forecasts is best described asa a moving averageb a simple averagec a geometric averaged a
the long-term trend of a time series in the decomposition model is estimated usinga a nonlinear time trendb the actual
in preparing the actual forecast numbers the forecast staff shoulda prepare a range of possible forecastsb prepare
which of the following is important if forecasting is to have the desired positive effect on decisionsa communication
which of the following is not part of the index of leading economic indicatorsa index of stock pricesb index of
why is the stock market affected by predictions that the federal reserve will raise interest rates in the near futurea
which of the following models are not generally the best to use when generating short-term forecastsnaive methodsmoving
a rather wealthy man decides to arrange for his descendants to be well educated he wants each child to have 60000 for
a weekly business magazine offers a 1-year subscription for 48 and a 3- year subscription for 116 if you thought you
last year 100 million in outstanding bank loans to a developing nationrsquos government were not renewed and the
the annual rate of growth of real gdp in a developing nation is 03 percent initially the countryrsquos population was
an interest rate of 10 compounded continuously is desired on an investment of 15000 how many years will be required to
the annual income from a rented home is 24000 the annual expenses are 6000 if the house can be sold for 245000 at the
two firms wickedly efficient widgets wew and wildly nepotistic widgets wnw produce widgets with the same production
suppose a business experiences a sudden increase in its fixed costs for example suppose property taxes increase
the market demand curve is q 38 -p there are two firms firm1 and firm 2 one has mc2 and the other has mc 5 they choose