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A depreciation in the value of the Japanese currency in relation to the US dollar does not allow the Japanese firms to sell more in the USA market'. Do you agree with this statement? Discuss your an
If the Bills want to sell the fan a ticket to all eight home games, what price must they charge? What are their revenues?
How many tickets would the team be able to sell (ignoring capacity constraints) if it behaved competitively and set price equal to marginal cost?
Based on your observations of the Fed actions, describe the measures you think it got right and what the mistakes are that it should correct in the future.
The amount of advertising on X. Suppose the present price of good X is $50, Py is $100, M is $ 25,000, and Ax =1,000 units. What is the demand curve for good X?
If the CPI was 110 last year and is 121 this year, what is this year's rate of inflation? What is the "rule of 70"? How long would it take for the price level to double if inflation persisted.
By how much government spending have to increase to shift the aggregate demand curve rightward by $25 billion?
If not, what would it take to eliminate them? If they are unavoidable, what types of business can benefit from them? How would a recession affect your firm?
What are some of the damaging effects deflation has on an economy? What would be a monetary policy prescription to reduce or eliminate deflation?
If there are reasons to dispute it, why is it a nearly universally recognized goal? Are there better methods for measuring economic welfare? How would you measure it?
What is one way that you might start to move a co-worker or person who works for you from a more external locus to a more internal locus of control?
What was the result of their use (if you know). What are your thoughts and opinions about the use of extrinsic rewards as a means of increasing motivation in your chosen workplace?
If the sales this year are 1,200 tons of the steel, how many tons can the firm expect to sell next year? By what percentage must the firm change the price of steel to keep its sales at 1,200 tons next
The craft unions (electricians,carpenters, other) possess considerable power to raise wages than do industrial unions (automotive workers, steel workers, etc). How would you explain this in terms of
Write down the equations for the IS curve and the LM curve. Solve for equilibrium output. What is the multiplier?
Pvcr = price of a VCR tape rental. It is known that P = $5.50, M = $9,000, A = $900, and Pvcr = $3.00. Determine the own-price elasticity of demand for movie tickets.
Suppose coffees are on the vertical axis and cappuccinos are on the horizontal axis. The opportunity cost of a cup of coffee is?
If velocity is 6, the price level is 1.2, and real output is 1,100 billion, what is the money supply? If the money supply is $300 billion, the price level is 1.3, and real output is 1,300 billion, wha
How would a fall in marginal propensity to consume (MPC) affect the slope of the aggregate expenditure function? How would the spending multiplier be affected
What are the pros and cons of both types of DFI relative to China? Consider the recent agreement by Cnooc, a large Chinese offshore-oil producer.
Then political unrest in South Africa shuts down the diamond mines there. South Africa is the world's primary supplier of diamonds. What will happen?
What would be expected to happen to the total quantity of shoes sold in the United States if incomes rise by 10 percent?
Starting with the demand and supplies functions from problem #1, Determine algebraically the new equilibrium price and quantity if the demand function changes from QD=12,000-1,000P to QD"= 8,000- 1,0
Draw the aggregate expenditure (AE) curve and indicate the equilibrium value. What is the impact on balance of trade in (d)
Graphically demonstrate the effect of each of the following on either the short-run aggregate supply (SAS) curve or the aggregate demand (AD) curve. Be sure to label all axes.