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When Calvin Coolidge was vice president and giving a speech about government finances, he said that: “inflation is repudiation.’’ What might he have meant by this? Do you agree? Why or why not? Does it matter whether the inflation is expected or unexpected?
How are economic fluctuations linked among national economies? Could a recession in the United States trigger a recession abroad?
How is it that higher tax rate can increase tax revenue in some cases, but a higher tax rate can decrease tax revenue in other cases? Relate this to the price elasticity of demand. (Excise Taxes)
What is the difference between customer satisfaction and customer loyalty? Why is it important to distinguish between these two concepts?
What is the relationship between a firm's total revenue, profit, and total cost and define economies of scale and explain why they might arise. Define diseconomies of scale and explain why they might arise.
Using the CSU Online Library and the unit reading assignment, explore the capital budgeting techniques covered in the unit, NP, PI, IRR, and Payback. Compare and contrast each of the techniques with an emphasis on comparative strengths and weaknesses..
Computer Colleagues, Inc. wants its name on the new computer engineering building planned for Somewhere University. For naming rights, the university requires that 60% of the first cost of the building and 20% of the maintenance costs be covered by a..
The fed choice of monetary policy strategy is
q. recall that is the economy continues to be strong abc company may need to increase its production by about 50
Andy purchases only two goods, apples (q1) and kumquats (q2). He has an income of $40 and can buy apples at $2 per pound and kumquats at $4 per pound. His utility function is U(q1,q2)=3(q1)+ 5(q2). What is his marginal utility for apples and what is ..
Describe how the equilibrium wage and employment levels are determined. Depict how a legal minimum wage alters market outcomes.
Consider a hypothetical economy in which the marginal propensity to consume. Plot an economy consumption function.
During April, the production department of a process manufacturing system completed a number of units of a product and transferred them to finished goods.
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