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What do problems with measurement of Gross Domestic Product (GDP), Consumer Price Index (CPI) and unemployment rate statistics mean.
Are Nominal prices or Real Prices higher today, then in past? How do you know? Illustrate the work. Use CPI in 1979 of 85 and in 2008 of 218.
Write down the problems with unemployment and what are the problems with way that government measures unemployment?
How much more expensive is stamp in 2009 than stamp in 1975? Have stamp prices maintained pace with inflation rate from 1975 to 2009? illustrate the work.
Under what situations are consumers better off? Besides change in price, why would society be better off in 2000 than in 1960? Illustrate the work.
What does this mean about real GDP growth rate for economy based on real-life inflation rate, if nominal GDP growth rate stays same?
Find the deadweight loss of the policy if marginal cost of abatement turns out to be h (A) =400+11A (don't compute it, on graphically)?
How would answer change if value of cedi was expected to keep unchanged from its current value of 8,700 cedi per U.S. dollar over course of 3 years? Should Salt construct plant then?
What comparative advantage does ABC have when establishing the store in foreign country, relative to independent variety store?
Explain enterprise resource planning. How does enterprise resource planning influence feedback and control in strategy of organization?
The cost of concert ticket is $50. Find the opportunity cost of Tammie's trip to concert? Show the calculations.
Assume price of local cable TV service increased from $16.20 to $19.80. Use Midpoint formula to find answer. Along this portion of demand curve, price elasticity of demand is?
What can you say about the price elasticity of demand of widgets? Is it Elastic, Inelastic, or Unitary Elastic? Why? Use Midpoint formula and please illustrate the work.
Why might the business owner keep the business open but let it deteriorate, rather than shut it down? Explain will this profitability last?
After what you have learned week with regards to costing systems and pricing of products, examine validity of this statement. How must marginal costs be considered when determining prices.
The next three years, and by 14.0 percent in fourth year. Compute total number of copies that publisher expects to sell in year 3 and 4.
The marginal tax rate is 35 percent, and suitable discount rate is 10 percent. Compute NPV of this investment.
What options are available to Globalcorp if it wanted to decrease likelihood of problems in conducting market research on Vietnamese market?
Include the discussion of money multiplier effect in the response. Justify conclusions and give suitable examples.
What is meant by inflation? Write down the causes of inflation? Is inflation desirable and what can be done to control inflation in market economy?
Now assume government imposes special tax on the computers. Explain what would happen in the market in terms of supply and demand curve.
The additional 25 would be willing to pay $55, 150 more would be willing to pay $50, and so on. What prices would pharmaceutical company set?
Describe financing means and burdens in situation, based on findings. Describe how consumerism may influence decisions made by patient in terms of obtaining care they need.
Create the graph showing supply and demand in tablet case market, using Microsoft Excel. How are laws of supply and demand illustrated in graph? Describe the answers.
Disregard new tax in part three. Now suppose that government imposes a price ceiling of $100 in this market, as result of protests of price gouging by sellers.