Reference no: EM131196043
1. What are the marginal propensity to consume (MPC) and marginal propensity to save (MPS)? How are the two concepts related? How are the two concepts related to the consumption and saving functions?
2. What is the effect of net exports, either positive or negative, on equilibrium GDP?
3. Explain the three reasons given for the downward slope of the aggregate demand curve.
4. Differentiate between discretionary fiscal policy and nondiscretionary or built-in stabilization policy.
5. Cite three important reasons why nations trade.
6. How is a commercial bank different from a savings and loan association?
7. What are the two significant characteristics of the fractional reserve banking system?
8. Banks pursue two conflicting goals. Explain what they are and why the conflict.
9. Explain how the money market responds to a shortage of money or to a surplus of money.
10. What is the difference between an economic investment and a financial investment?
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What are your marginal costs for each customer load level
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Essay describing an experienced entrepreneur
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Aggregate demand and supply have varied impacts on economy
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: Image that the mayor has hired you as a consultant to evaluate the increase in aggregate demand in the city where you live. Describe to the mayor one (1) aggregate demand and supply factor that would have the greatest impact on the economy of your ci..
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Commercial bank different from savings and loan association
: What are the marginal propensity to consume (MPC) and marginal propensity to save (MPS)? How are the two concepts related? How are the two concepts related to the consumption and saving functions? What is the effect of net exports, either positive or..
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Determine the value of an accurate forecast in terms
: Identify three business components (within the broad categories of people, process/facility, or technology) that presented problems for Shouldice Hospital in the late 1940’s. Define steps that your startup team might take to avoid similar problems wh..
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Calculate your opportunity costs of natural disaster
: Think about what you would be doing if you weren’t in class. The alternatives are infinite and computing the cost of them all is impossible. However, since you could only be doing one thing (not all of them) Calculate (in $$$) your opportunity costs ..
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Entrepreneurship in favor of low-risk managerial strategies
: One of the reasons Joseph Schumpeter argued that capital was doomed was because he predicted that big corporations would naturally shift away from risk-taking entrepreneurship in favor of low-risk managerial strategies. Has this happened? Have major ..
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