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Iran has threatened to block the Strait of Hormuz.Use Aggregate Supply and Demand Curves to explain what affect a disruption in oil supplies would have on the macroeconomy.
CPI may overstate the true rate of inflation. What impact will these improvements in the measurement of CPI(Consumer Price Index)have on the macroeconomy?
In the recent past some economist were concerned about a deflation in the US.economy. If this occurred what would have happened to the "real"rate of interest?
If strawberry growers can make more money by selling fewer thatn 30,000 cases, why would they ever market that much? Why wouldn"t they destroy some of the crop rather than "spoil the market"?
Many economists think that projected deficits will cause the national debt to increase to over 20 trillion dollars by the end of the decade. Explain how these projected deficits will affect the Us
offering group medical coverage to large firms and requiring all employees to participate in the coverage. Explain how this reduces adverse secetion.
Suppose a major hurricane does hit a particular area.Use supply and demand curves to analyze how this disaster will affect the equilbrum price and quantity of ice.
If the U.S. economy continued to grow at an average annual rate of about 3% how long would it take for real GDP to double?
Explain what must occur for the steady state to occur. Also explain what this implies about the rate of growth of output, output per worker, and the capital stock.
Compute the value of the marginal propensity to save. Compute the amounts of autonomous planned spending, Ap, when the interest rate equals 0, 2, 4, and 6.
What is the level of consumption when the level of income (Y) equals $10,000? Is there a surplus or deficit in the government budget at the equilbrium level of income? How much?
All sales and purchases are for cash. Beginning cash and the minimum cash balance are assumed to be zero. Construct a cash budget for the next 3 months.
what is the slope of indifference curve if a consumer is always indifferent between one additional grapefruit and two additional oranges.
What will be the impact on American Business, in terms of how businesses create value by integrating the production and distribution of goods, services, and information?
How is the transfer prices of an intermediate product determined when (a) there is not external market for the intermediate product.
Show that it would not be optimal for Firm 1 to make the investment if there were no threat of entry. Also show that it is optimal for Firm 1 to make this investment even though Firm 2 enters regard
What was the strategic rationale underlying JCB's entry into India in 1979, and China in 2005? Given that capital to fund expansion is limited.
Legally in default and you will receive $5,000." So, what happens? Form a payoff matrix for the two creditors. They have two strategies: "Accept" or "Reject" Jon's offer.
The supply of housing in order to get the market equilibrium rental price to fall to $1,750 per month? To $1,250 per month? To $750 per month?
Higher tax if you think the proposed $0.30 is not a good choice. However, find the best appropriate result for the gasoline tax policy.
Suppose that there is an increase in the number of ATMs in service. What are the effects of this innovation on the demand for money and on the price level?
The schedule below illustrates their production possibilities. Determine if the total output of the two could be improved; i.e. who should specialize in hairstyling, and who should specialize in
How is the scorecard being used at USM&R? Is it a performance measurement system or a management system? Explain.
If the perfectly competitive market supply of pork bellies shifts from QS,93 = 250 + 50P to QS,94 = 400 + 40P, and the market demand is given by QD = 10,000 - 200P, then the change in equilibrium p