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There are two general forms often used in time series decomposition analysis: additive model and multiplicative form. Give the expressions for them. When would you use additive model or multiplicative model in time series decomposition? Discuss.
Suppose a consumer purchases a combination of two commodities that is on his or her budget line but the budget line is not tangent to an indifference curve at that point. Of which commodity should the consumer buy more of and of which should he or sh..
At the 2013 Winnebago County Fair a vendor is offering a "fair special" on sandals. If you buy one pair of sandals at the regular price of $50, you get a second pair at a 40% discount, and a third pair at half the regular price. Javier took advantage..
Find out the real rate of interest earned by Albert in each of the three years and his total real return over the three-year period. Assume that interest earnings are reinvested each year and themselves earn interest.
Under which circumstances do you think an employee should be monitored? Based on the circumstances you have identified, how often should the employee be monitored?
Elucidate in which country is an expansionary monetary policy likely to have a larger effect on aggregate output. Explain your answer using aggregate supply and aggregate demand curves.
Senator Snodgrass says, “You economists say the economy is recovering from the recession but corporations are sitting on piles of cash and the unemployment rate is not declining. If the economy is really getting better, why aren’t more people getting..
The agency decides to hire operators to monitor calls in order to attain the optimal number of personal calls.
In a two year setting Rod has earnings of $ 8 000 this year and earnings of $ 25, 0 00 next year. He can borrow or lend at an interest rate of 25%. Draw his budget line including endpoints. What is the slope of the budget line? What is the inter pret..
Top Inc. is interested in developing a new toy. The toys will sell for $25 each and they plan to sell 10 million toys at the end of each year for 4 years. Variable costs are $20 per toy; fixed costs are $10,000,000 per year. If the cost of capital is..
For a profit maximizing monopolist, _____. In contrast, for a profit maximizing perfectly competitive firm, _________.
Identify the four major tools of monetary policy. How can monetary policy address the problem of inflation?
Would the worker be better or if, instead of the health insurance, she was given a £100 per week pay increase which would be taxed at 20%.
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