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Briefly explain consumption tax
Explain difference between nominal and real variables and give two examples of each. According to principle of monetary neutrality, which variables are affected by changes in quantity of money.
You have been given the daunting mission of opening the first GM dealerships in Iran (now that the sanctions have been removed ). Which cultural factors should you take into account as you prepare to do business there . In particular do any of Hofste..
How can the government reduce a consumer's consumption of a good (like schooling) by providing it at no cost? Please elaborate on what is expected (i.e., number
A company currently pays a dividend of $2 per share (D=$2). It is estimated that the company’s dividend will grow at a rate of 20% per year for t the next 2 years, then at a constant rate of 7% thereafter. The company’s stock has a beta of 1.2, the r..
What are the limitations of using measures of physical scarcity such as the "exponential exhaustion index" that was developed
What is the difference between practical significance and statistical significance? Provide an example of each.
Which of the following is a characteristic of the monopolistic competition market structure?
Gas prices fluctuate often and in both directions. How responsive do you think consumers will be to the price change when these fluctuations occur due to changes in supply? Why? Use the various determinants of elasticity to explain your answer. How d..
Writing Assignment: Life in a Centrally Planned Economy. Top Scores (A-B) - The top scoring students will do the following:
Our recent recession seems to demonstrate again that expenditures and incomes depend on each other. If markets do not self adjust, how can a decline in spending lead to a negative process that ruins an economy? (Consider referencing the "Keynesian Cr..
What do you consider to be the key tools of policy with which governments can build a business environment that is relevant, responsive, and forward-looking?
Suppose that a car dealer has a local monopoly in Selling Volvos. It pays the wholesale price w to Volvo for each car that it sells, and charges each consumer the retail price p. Suppose that the car dealer and Volvo work separately. What would be th..
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