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How important is it to have education for physicians since they are a critical component to improving coding practices?
Use the Mundell-Fleming model to predict what would happen to aggregate income, the exchange rate, and the trade balance in response to an expansionary fiscal policy under: Floating exchange rates, Fixed exchange rates.
If the U.S. economy is operating near full employment and the exchange rate increases (the dollar appreciates), explain why the Federal Reserve will be less inclined to raise interest rates.
An investment has the following cash flows and a required return of 10%. Based on IRR, should this project be accepted? Why or why not?
If a product becomes more popular among buyers, then its supply will decrease and its price will rise as shoppers buy more of it from the sellers. If the government grants a subsidy to homebuilders, then the supply of lumber will increase because lum..
A change in which one of the following factors may cause the demand curve to be positively sloped?
Economic history since the industrial revolution [in the United States] strongly suggests that technical learning, not the process of perfect competition, drives growth over time. Please explain.
On the same day, the San Francisco Chronicle had an article with the headline "Sharp Drop in Bay Area Home Sales"
Suppose a profit maximizing monopolist is able to engage in perfect price discrimination and faces a demand curve for its products given Q=20-.5P. This monopolist has a cost function of TC = 24 + 4Q. How much will monopolists profits be?
Discuss why firms are attracted to foreign markets, for example, to increase profits and revenues and to gain access to cheaper manufacturing. How may this affect the domestic country of the firm?
Consider the Heckscher-Ohlin theory and the Stolper-Samuelson theorem. What do they suggest about who the gainers and the losers are from International trade?
Think of a business firm you recently visited (such as Walmart, Home Depot, Red Lobster, Barnes & Noble, McDonalds, etc.). What motivated the producers of all the individual products in the store to make them and offer them for sale? How did the prod..
When government spending increases by $1, planned expenditures increases by $1 and the equilibrium level of income will increase by $1. When taxes are cut by $1, planned expenditures increase by less than $1, and the equilibrium level will increase b..
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