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What is the most appropriate way to compare budget deficits/surpluses across time?
a. using nominal dollar figures
b. using real dollar figures
c. calculating figures as a portion of gross domestic product (GDP)
d. using per capita dollar figures
e. Budget figures cannot be compared across time.
If total mortality among children remains constant whereas the incidence of that mortality shifted from late childhood to untimely rates of fertility declined.
The manufacturer of Brand A automobile tires claims that its tire can save 110 gallons of fuel over 55,000 miles of driving, as compared to a popular competitor (brand B). If gasoline costs $4.00 per gallon, how much per mile driven does this tire sa..
You’ve recently learned that the company where you work is being sold for $550,000. The company’s income statement indicates current profits of $24,000, which have yet to be paid out as dividends. Assuming the company will remain a “going concern” in..
According to the Classical view of business cycles:
Every year, thousands of spring breakers flock to Mexico in search of a good time. They exchange millions of U.S. dollars for Mexican pesos. The Mexican central bank anticipates this and acts to keep its currency stable at the present exchange rate. ..
Suppose that an automobile costs $30,000 in the United States and 25,000 Euros in France. Further suppose that the exchange rate is .8 (one US dollar = .8 Euros).
Suppose the price level and value of the U.S. dollar in year one are 1 and $1, respectively. If the price level rises to 1.20 in year two, what is the new value of the dollar?
A CEO's pay rose 25% over the 2001-2002 period even though his firm's ROA fell 12% and the stock return fell 10% over the same period. Discuss why this may NOT represent an obvious example of CEO overpayment (try to provide at least two strong reason..
Fiscal policy is the responsibility of the Congress of the United States. Describe what tools are available to the Congress and how those tools have been used to affect the economy over the past several years. If possible, explain why the economic mu..
Which of following arguments is president using to justify trade restriction on ball bearings.
With a focus on the concepts introduced in Granovetter (2005), write a brief (1-page) essay comparing his discussion of the Fur of Sudan and Arab merchants with the description in TechCrunch1 of the tech-funding needs in London and the arrival of Sil..
Prove that every weighted average of three numbers x1
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