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Explain what amount must be deposited into a savings account that pays 8% interest if the inflation rate is 10% and you want to set aside enough money to purchase a red tape cutting machine ten year
Discuss how each of the following is a form of price discrimination: a. a student discount at the movie theater b. long-distance phone service that costs 15 cents per minute for the first 10 minutes
Assume the price ceiling remains in place for years. Over time some maple syrup firms go out of business. A price ceiling for maple syrup caused a shortage, which led to a black market price of ($4)
Assume that the firm announces that it will set prices of 80 in period 1 and 45 in period 2. Determine the numbers of consumers will buy in each period?
In what ways is state power changing (decreasing, increasing, diffusing, shifting)? And what are the implications of these changes for how we tackle some of the global issues?
Imagine a local government is considering opening a public swimming pool in a residential neighborhood (admission limited to & free for the residents.)
Studies have found that higher levels of prescription drug use are positively correlated with life expectancies. This means that:
Determine the advantages and disadvantages in making unethical decisions as a manager of a corporation that trade stocks and bond in the open public?
If the economy is experiencing an inflationary gap and the government wants to accelerate the adjustment to the long-run equilibrium, it should
Provisions that cause changes in government spending and taxes that do not require action of the President or Congress are called
If the government's spending exactly equals its revenues during a budget year, that government is How does a government budget deficit occur?
Expressing the U.S. federal budget deficit as a percentage of GDP results in inflation-adjusted revenue and expenditure numbers.
The degree to which an asset can be acquired or disposed of without much loss of nominal value or transaction costs is known as
In order to reach the maximum money multiplier, it is assumed that It is widely believed that the Federal Reserve's most important function is
What happens to the interest rate? What happens to the money supply? What happens to the price of bonds when the Fed sells bonds?
Explain what shape did the short-run aggregate supply curve have during the 1930s, according to Keynes?Determine the multiplier? How is it calculated? Explain why is the multiplier related only to con
You may decide to set up a table with the risks and weigh their relative importance against the rate of return you foresee as a business owner making a final decision regarding the international asp
Explain what are some industries that have the opposite cost structure? What are some industries with low fixed costs but high variable costs?
Determine a firm's production decision in both the short-run and long-run. Discuss what type of input costs might be fixed in the short-run and which might be variable in the short-run. Provide one
Calculate the demand equation using a log-linear regression of the form Q=kPb. Determine the price elasticity of demand? Does this equation fit the data better than the part a equation? Explain?
Assume the money supply increases to 2800. Identify the equilibrium values of the real interest rate, investment, consumption, and the price level. Suppose that the expected inflation rate is&n
Provide the list of five major variables that influence the market structure, and give a brief statement indicating why they are important to decision-making by business managers.
The market for health insurance and the market for health care are two markets which are plagued with two source of market failure. This discussion will help you explain the difference in these mark
The chair-making industry currently consists of the 90 producers, all of whom operate with the identical short-run total cost curve STC(Q)=500+3Q2, where the Q is the annual output of a firm.
Determine a perfectly competitive market where market demand is given by Qd=30-P and market supply is given by Qs=2P. In this market, the government has imposed a production quota of 10.