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A firm has $100 million in current liabilities, $200 million in total long-term liabilities, $300 million in stockholders' equity, and total assets of $600 million. Calculate the firm's ratio of long-term debt to long-term debt plus equity.
The ADEA allows BFOQ to be used as a defense as long as substantially all of the individuals over the age at issue are unable to perform the duties of the job? Federal and private sector employees enjoy the same protections under ADEA?
Suppose that initially the money supply is $4.0trillion, the price level equals 4.00, the real GDP is $6.0 trillion in base-year dollars and income velocity of money is 6. Then suppose that the Fed cuts the money supply in half but the income velo..
Find a Supreme Court case that deals with a constitutional issue (either pending or already decide d•Briefly describe the issue. Do you agree with the Court’s decision (or if it hasn’t been decided how do you think the case should be decided)? Why or..
What possibly could account for this discrepancy? Is this an example of GDP not being an accurate measure of welfare?
Show a model with a highly inelastic Supply Curve (such as rental units in New York City). Show the effects of a price ceiling on this market. Show: Note any deadweight loss due to the price ceiling. Is it more or less than the standard model?
Which of the following is true about perfect competition?
Discuss this week’s objectives with your team. Your discussion should include the topics you feel comfortable with, any topics you struggled with, and how the weekly topics relate to application in your field.
A store in New York, has offered rebates of $2 off the regular $100 price on their microwaves. The firm has observed a positive sales increase of 8% over the previous month’s sales. What is the point price elasticity of demand for jeans? If marginal ..
Suppose the velocity of money is constant at 5 transactions per year, the price level for this year is $1, and real GDP this year is $8,000,000. Suppose the economy's output of goods and services rises by 5% each year. What will nominal GDP be equal ..
For each values for the MPC, determine the size of the simple spending multiplier and the total change in real GDP demanded following a $10 billion decrease.
Compute another firm in a competitive industry that faces a market determined price of $25. the firm is producing 10,000 units of output, and average total cost, which at its minimum value, is $25. Answer part a for this firm
Review the Case for Analysis: The Chairman's Quandary on page 361 in the textbook, Economics for Managers Summarize the recent policy of the Federal Reserve concerning the level of interest rates and the reasons for this policy. What problems can ari..
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