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You have made an important presentation to several Japanese executives regarding a proposed partnership between your American company and their Japanese firm. The Japanese executives were very silent during the presentation. Most people in the United States would view this silence as:
a. a symbol of interpersonal harmony
b. an indication that the Japanese ar thoughtfully contemplating what you have just said in your presentation
c. an agreement to the proposal made by you
d. a respect for your presentation
e. a lack of communication
Based on the following data, compute the (a) unemployment rate rate (b) cyclical unemployment rate, and (c). structural unemployment
As a professional tennis player, an individual earns $300,000 per year. If employed as a model, the next-best option, this person would earn $120,000 per year. What is this tennis player's economic rent (profit)?
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A chemical company determined the need for a chemical additive that will improve their product by 20%. The company’s CEO arranged to purchase the additive through a 5-year contract at $7,000 per year, starting 1 year from now. He expects the annual p..
Explain how much would cumulative spending increase as a result. H ow much more did the average household spend on appliances, electronics, and furniture when it received the 2008 tax rebate.
A city near chicago sold $9000000 in bonds to pay for improvements to an airport. It set up a sinking fund with end-of-quarters payments in an account earning 8% compounded quarterly. Find the amount that should be deposited in this fund each quarter..
Provide a general explanation of how business may maximize profit within each market type.
Discuss and explain similarities and differences in the roles economists play as policy makers and as scientists.
q.a local restaurateur who had been running a profitable business for many years recently purchased a three-way liquor
Elucidate how would you improve this survey to better reflect the needs of the consumer.
Define adverse selection in a general way and then provide a more specific definition of adverse selection in an insurance market and explain how adverse selection manifests itself and becomes a problem in insurance markets.
Calculate velocity of money when price level is 10, national quantity of output is $200 billion and money supply is $250 billion.
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