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Part A
1. Describe three (3) ways we can use macroeconomic analysis, with one (1) original example for each way.
2. You are running a small yard maintenance business for the summer. What do you expect to happen to the number of yards you can maintain in a day as you add workers if you don't purchase more capital equipment (like mowers and leaf blowers)? Provide at least two (2) supporting facts to support your response.
Part B
1. Using the real business cycle theory, explain two (2) effects of an adverse technological shock on the labor market and on the output market.
2. Suppose you were interested in increasing technological progress in your country. Suggest two (2) ways to do this.
your firm operates three plants. the cost functions vary across the three plants.plant amarginal cost 6qaverage
To what peak if anyone does Wal-mart feel itself affected by Federal tax policy
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Describe how a nurse's pay is determined and how the salary is structured. Discuss what your chosen state can do to increase the supply of nurses.
suppose in the solow growth model that s.25 n.02 d.08 and fk k3asuppose that z2. what is the steady state level of
Assume a firm has just introduced a new line of ceramic insulators for which it has received patent protection, effectively granting the company monopoly status in the industry.
Explain how do you define social diversity and business ethics. How has a more diversified labor force affected the corporate structure and economy.
A New York Times column in the fall of 2009 reported that the value of the dollar was falling, in part, because “investors who had sought shelter in the American currency’s perceived stability
What is the probability that all the population slope coefficients are actually zero, but the coefficients we estimated are different from zero due merely to random sampling variability In other words, what is the probability that the R2 is actual..
Explain how many popsicles will be sold every day in the short run if the price rises to $2 each. In the long run, if the price rises to $2 each.
Estimate the costs of such things as rent, gasoline, food, etc. in your local area and decide how far the amount of money shown in the chart would go in taking care of a family of four.
the manager of a local monopoly estimates that the elasticity of demand for its product is constant and equal to -2.
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