Start Discovering Solved Questions and Your Course Assignments
TextBooks Included
Active Tutors
Asked Questions
Answered Questions
What is the "current macroeconomic situation" in the U.S. (e.g. is the U.S. economy currently concerned about unemployment, inflation, recession, etc.) What fiscal policies and monetary polici
Using macroeconomic data from the Bureau of Labor Statistics (or similar sources), identify the current state of the economy and the role of fiscal and monetary policy stimuli to manage the country'
How do economists distinguish between the absolute and relative sizes of the public debt. Why is the distinction important Distinguish between refinancing the debt and retiring the debt. How does an
Jane quit her job at IBM where she earned $50,000 a year. She cashed in $50,000 in corporate bonds that earned 10% interest annually to buy a mini-bus. Jane has decided to buy the mini-bus and set u
An airline transportation consultant offers the CEO of BlueStar, a struggling new commercial airline company, the following advice concerning the airline's high operating costs in the current quarte
Show the change in the balance sheet of the commercial bank receiving this money after it has been transferred to the Federal Reserve, but before it has had time to expand loans at all.
Suppose the price of unleaded regular octane gasoline were 20 cents per gallon higher in New jersey than in Oklahoma. Do you think there would be an opportunity for arbitrage
An insurance company is considering issuing three types of fire insurance policies: (i) complete insurance coverage, (ii) complete coverage above and beyond a $10,000 deductible, and (iii) 90 percen
The following data(stored in the file Wholefoods1)compared the prices of some kitchen staples at the new Whole Foods market and at the Fairway supermarket located about 15 blocks from Time-Warner bu
Discuss why it is necessary for accountants to assume that an economic entity will remain a going concern. If an entity was perceived to be short term, what effect would that have on the accounting
A friend is explaining how supply and demand works using McDonald's hamburgers as an example. You question his examples, saying that the assumption that there must be many sellers and buyers is not
In the market for organs for transplant, such as kidneys and hearts, the price is constrained to equal one. Opposition to any type of remuneration for donating organs has been all but absolute from
There is a great deal of uncertainty about how likely it is that we will experience a bio-terrorist attack using smallpox. Does it still make sense to rely on estimates of costs and benefits when it
Taxicab fares in most cities are regulated. Several years ago taxicab drivers in Boston obtained permission to raise their fares 10 percent, and they anticipated that revenues would increase by abou
In spite of the fact that firms do not make payments on resources they own, these resources still have an opportunity cost. How is this possible, and how does this affect a firm's efforts to maximiz
Calculate the point price elasticity of demand and point income elasticity for peaches at the equilibrium. Also calculate the point cross price elasticity between peaches and apricots at the equilib
You manage Gofer Delivery Services. You rent a truck for $50 a day and each delivery takes an hour of labor time. The hourly wage is $8. Draw a curve showing the relationship between the number of d
Suppose the federal reserve's trading deal buys $500,000 in T-bills from a securities dealer who then deposits the fed's check in best national bank. Use a balance sheet to show the impact on the ba
Consider a market in which there are N identical buyers who each demand qb = a - P units and thus that market demand is given by Q = N(a - P). Each firm has constant marginal cost equal to c and fix
Even small items like dvds that used to ship for 2 or 3 dollars are now shipping for nearly 7 or 8 bucks. its not about the ebay auctions that work low price into shipping, but a great deal of mains
Matthew need eggs (E) and premixed ingredients (I) to produce cake. Every cake needs exactly two eggs and one package of ingredients. When he adds three eggs and one package of ingredients, he still
A man is fired from his job because he was late for work too many times; While he is searching for another job, he would not be counted in the labor force because his employer had a legitimate reaso
What is the appropriate balance between private and public (i.e., government) activity Think of a case where the government has intervened (or it was suggested that government intervene) in a previ
In 2009, the US Postal Service increased first-class postage rates from 42 cents to 44 cents. The service had been losing money. One of the reasons is increased competition from companies such as Un
Suppose there are two types of investment in the economy: business investment and investment in housing. Suppose that the government institutes a certain subsidy paid to people who build new houses.