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Referring to indicators of performance, particularly indicators of improving or decreasing levels of performance used by Walmart.
What average annual inflation rate would have resulted in this answer? (Show your work).
What determines the economy's productive capacity or aggregate supply or potential GDP? How does aggregate supply increase when labor supply increases?
If Mexican workers receive a third of the wages that U.S. workers do, why don't all American firms move down to Mexico?
How might you expect output per worker and output per hour to move over the business cycle?
If the output gap is a negative 2 percent, what does Okun's Law tell us will be the level of cyclical unemployment?
What was the unemployment rate for the most recently available month? How has the unemployment rate changed over the past year?
What is the latest figure on the economy's nominal GDP? On real GDP? What was the growth rate of real GDP during the most recently available quarter?
Why are workers in some groups more affected by increased unemployment than those in other groups?
What are the differences among the final goods approach to measuring GDP, the value-added approach, and the income approach?
What happened to these two deficits in the 1990s? What has happened to them during the past five years?
What is the current unemployment rate in the United States? What is the current rate of inflation?
In the absence of any price controls, what would you predict will happen to drug prices in the United States? in Canada?
David Ricardo illustrated the principle of comparative advantage in terms. Now describe a new production plan, with trade, that can benefit both countries.
How is it possible that while there are gains to free trade, some groups are harmed? Which are the groups in the US that are most adversely affected?
Why can a country with an absolute disadvantage in a product have a comparative advantage in that product? Explain.
What are the advantages of using taxes on polluting rather than subsidies for pollution-abatement equipment?
Why will a free market produce too much of goods that have negative externalities, like pollution?
Since most customers at such restaurants will not return, does the restaurant have an incentive to develop a reputation for good food?
Explain what a tit-for-tat strategy would be. Is a promise to match any available price a way for one firm to signal that it is playing tit for tat? Explain.
Explain how such a device could serve as a credible threat to deter a U.S. attack. In the movie, the Soviet Union did not inform the United States.
Why does the aggregate demand curve slope down? Give real-world examples of the three effects that explain the slope of the curve.
Define each of the six indicator for starbucks (interest rate, housing starts, auto sales, foreign exchange rate, producer price index, and oil and fuel prices)
The topics of macroeconomics--inflation, unemployment, interest rates, and exchange rates--are the subject of newspaper headlines & television stories everyday.
Explain whether you agree or disagree with following. a) A nation's currency will depreciate if its inflation rate is less than that of its trading partners.