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Critically examine short-term and long-term effects of a large budget deficit and public (national) debt. In the answer, give the explanation of what the public debt is.
Critically analyze the effectiveness of various approaches which may be used to decrease macroeconomic instability.
Consider the significance of self-perception within the organization, and how does self-perception and reflection assist employees align themselves with organizational goals?
Compute steady-state values of capital per worker and consumption per worker.
Explain the meaning of a four-firm concentration ratio? Interpret what a four-firm concentration ratio of 60 % would mean.
Explain current global economic conditions and their effect on local macroeconomic indicators for the good or service.
Derive her demand functions when she has income M and faces prices px, py , pz.. Describe the steps in deriving demand functions.
The company will pay the constant dividend of $8/year forever. If you need 18 percent rate of return on investments in this risk class, how much is this stock worth to you?
Find the meaning of a four-firm concentration ratio? Interpret what four-firm concentration ratio of 60 % would mean.
Determine income, own price and cross price elasticities of good y. Describe whether good is normal, ordinary and a substitute or complement other goods in demand.
How will unemployment rate during current period compare with natural rate of unemployment? Will current rate of GDP be sustainable into future? Why or why not?
Use the given data to compute (a) labor force participation rate, (b) unemployment rate, and (c) employment/population ratio.
Categorize each of the following as employed, unemployed, or not in labor force. Beth is not working; she applied for job at Wal-Mart last week and is awaiting result of her application.
Convert receipts for each to real dollars for year 2010 (2010 CPI 218.1).Put movies in order from largest to smallest real box office receipts and show the calculations for full credit.
Assume in short run the level of aggregate output in economy decreases at same time the aggregate price level decreases.
Consider Cobb Douglass utility function U(X, Y) = X^(1/6)Y^(5/6) of a typical student. Is the "more is better" assumption satisfied for both goods?
A firm is the monopoly with demand and cost functions given by P = 200 - 2Q and C(Q) = 2,000 + 3Q2 respectively. Show computations. Find the price at profit maximizing quantity?
Firm sells its product in the perfectly competitive market where other firms charge price of $80 per unit. How much output must firm produce in short-run?
Microeconomics and macroeconomics: Explain the differences between the two and why economics is divided into these two subdivisions.
Using production theory, describe what will occur to capital labor ratio in both short run (when capital is fixed) and the long run.
When asking about what is offered from each plan to assist you decide would you not wish to know how much each costs? If there are co-pays or deductibles?
Explain the original budget constraint and new budget constraint after income is compensated according to c. Include indifference curve going through point (5,15).
Find the after-tax investment value (rounded to the nearest whole dollar) of machine? Use outsider viewpoint. The after-tax MARR is 10% per year. (Do not enter the dollar sign $ with your answer.
Recognize whether each of the following transactions takes place in factor market or product market. Billy buys a sofa from Home Time Furniture for his new home.
The government modifies consumption tax somewhat so that first $20k of consumption in each period is tax free. Now graph the budget constraint.