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Describe why some consumers are attracted to such retailers and why some consumers are not. Speculate what might occur to supply and demand if significant number of retailers decided to implement pr
The Democratic Congress passed legislation sending households check for $600 for each adult (and $300 per child). These checks were financed by borrowing. Would Keynesian favor this action? Why or w
In 1999 they buy 75 heads of cauliflower for $225, 80 bunches of broccoli for $120, and 500 carrots for $100. If the base year is 1998, find the CPI in both years? Determine the inflation rate in 199
Determine the growth rate of the GDP deflator between 1993 and 1994? Find the growth rate of nominal income higher or lower than growth rate of real income? Describe.
Based on CPI, Find the value of 1990 calculator in 1970 dollars? What problems in use of the consumer price index as a measure of cost of living does the above illustrate?
Compute percentage change in nominal GDP, real GDP, and the GDP deflator between 2004 and 2005. Was the increase in nominal GDP due mostly to increase in real GDP or to increase in price level?
Find the mechanism in the economic system that guarantees saving of the economy will always equal investment of the economy?
How do people in country access health care? Give at least two examples of how country's system compares to health care system in United States.
Explain how high entry barriers into market will influence long-run profitability of firms. Describe competitive pressures that are present in markets with high barriers to entry.
How much inventory will bookstore carry on average? (hint: add safety stock to average cycle inventory computed from EOQ)
Your marginal cost is constant at $75 across most of your production volume capability. What price will maximize profits? Show the computation.
How and why you think WEF really obtains rankings of "global competitiveness"? what kind of business opportunities can be created with information?
For each of expected inflation rates of 0,2,4,6, and 8 percent, find nominal interest rate and after tax expected real interest rate if tax rate is 30 percent.
Using the data in the table above, NX (Net exports) is equal to? Using the data in the table above, PCE (Personal Consumption Expenditure) is equal to?
Describe the concept of price escalation, and explain two factors which could contribute to making price of product much higher in an international market than in domestic market.
Examine evolution of the country's monetary system, including impact of any fiscal monetary and trade policies. Explain the major components of monetary system, including organizations and financial i
Write the advantages and disadvantages of closed-end country funds (CECFs) relative to American depository receipts (ADRs) as means of international diversification.
Write economic analysis section of the business proposal. This will comprise statements about market structure and elasticity of demand for good or service.
You are the manager of large rehabilitation center which provides short-term care rehabilitation services on inpatient and outpatient basis. What internal relationships should be considered?
How many cans/capita/year on soft drink must be for the state in which 6-pack price=$1.95, Income/Capita= $23,500, and Mean Temp= 68°F?
Do you agree with owners that training is required? Explain your answer. How must the owners estimate training effectiveness
Identify and explain in detail how changes to two factors on the supply side would impact the company's business operation.
Make sure you define the topics but give real life examples to prove that you understand the concepts. The only way the standard of living can increase is to increase the quantity of labor and/or cap
Write the arguments in favor of trade restrictions, and what are counterarguments? According to most economists, do any of these arguments actually justify trade restrictions? Describe.
Describe difference between absolute advantage and comparative advantage. Which is more significant in determining trade patterns, absolute advantage or comparative advantage? Why?