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Describe a situation where you negotiated with another person and were not able to achieve a desirable outcome. After describing this situation, explain how one of the ideas from the reading list (Just any book on negotiation) could have helped you in obtaining a "good" agreement.
In this discussion, you will compare and contrast monetary and fiscal policies. Consider two recent national crisis points: 9/11 and the banking failures of 2008. Was fiscal or monetary policy more immediately responsive to each crisis? Why? Was fisc..
Use economics to compare three ways to reduce the demand for heroin: (i) the substitution of another, less dangerous, and less debilitating drug, such as methadone for heroin, to registered addicts; If expenditures on preventing crime equal $200 bill..
Briefly describe what we mean by an EPIC analysis of potential supply chain locations. Explain your answer in terms of the countries that you analyzed for your tests and projects.
The expenditures on tires by the Ford Motor Company are not included directly in GDP statistics while consumer expenditures on replacement tires are included. Why?
Assume the current rent is also equal Illustrate one would commonly expect for the future.
Your company manufactures two models of speakers, the Ultra Mini and the Big Stack. Demand for each depends partly on the price of the other. If one is expensive, then more people will buy the other. Find the prices for the Ultra Mini and the Big Sta..
llustrate what increase in G is necessary to achieve target output in domestic economy. Illustrate what would be increase in G and T needed if government wanted to keep a balanced budget.
In a perfectly competitive market for electricity, suppose the total cost (in dollars) of generating electricity is given by C(Q)= Q2+100Q, where Q is the unit of electricity produced. Derive the supply of electricity in this market. Graph the elasti..
Suppose you are asked to do a market analysis in an area in which a natural disaster has recently occurred. For example, Nashville after the Spring floods or New Orleans after Hurricane Katrina. Other than building supplies (which is too easy :), cho..
Suppose the US economy is in a recession and in our personal opinion, need to select a single strategy from this list. (monetary policy, fiscal policy, supply-side policy, or laissez faire policy) Which one is best to bring the economy back to full e..
Assume that in the absence of taxes, the price of x is $2. Compare an ad valorem tax of 10 percent (on p^s), to a per unit tax of 20 cents with respect to (i.e. specify whether it results in bigger, smaller, or equal values of the following):
Labor turnover during periods of economic expansion is largely the result of: Full income. If leisure is a normal good, an increase in nonlabor income will cause the quantity of labor supplied to:
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