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Q1. Give examples of 7 elements of client value systems (Time, cost, quality, environment impact, resale/exchange, self esteeem, aethetics, etc) And what are the key areas of concerning value?
Q2. What are the 5 ways to develop strategic business and briefly discuss differentiate, customer-oriented, understand client's need, r/s platform and management, active marketing, etc.
Q3. Based on your understanding of the aggregate supply and the aggregate demand model and the IS-LM model, graphically illustrate and explain what effect a decrease in the money supply will have on the economy. In your graphs, clearly illustrate the short-run and the medium-run equilibria.
Suppose that the participation variable, voucher, is completely randomized in the sense that it is independent of both observed and unobserved factors that can affect the test score.
Distinguish between the resources market and the product market in the circular flow model.
Why do celebrity icons receive such widespread attention and adulation
Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.
Suppose that the demand for healthcare services is perfectly inelastic while the supply curve is upward sloping. Analyze the impact.
What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution
Determine the cost to the government of buying firms unsold units
The government budget is balanced, with government purchases and taxes both fixed at $1,000. Net exports are $100.
Federal Reserve lowers the required reserve ratio from 0.10 to 0.05. How does this affect the simple money multiplier.
Estimated regression equation for which quantifies the demand for Widget
Similarities in the definitions of management quoted from authors of management textbooks
Calculate price, quantity and social surplus for the initial state and each policy.
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