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With base year 2002, the CPI in 2011 and 2012 were 240 and 250, respectively. If a flat screen TV cost $1164 in 2011 and $1200 in 2012, was the flat screen TV more expensive in 2012? Compute the real price of the TV for each year to answer this question.
Is the increase in aggregate demand sustainable or does it only create an immediate impact in consumer spending Should the private sector investment follow suit with such hefty government expenditure
How does the expenditure approach calculate GDP. It adds up all the incomes in the economy, It adds up the value of four groups of final goods and services or else.
Make a presentation for Board which examines the current state of the United States economy. Use the Library to discover the up to date information required.
What is the difference between contractionary and expansionary fiscal policies? Which is more appropriate today? Explain your answer. How might contractionary and expansionary fiscal policies affect your organization?
The other event is the successful effort in Wisconsin to curb the power of labor unions representing State workers in that State. Similar efforts have been made in other States. In Wisconsin, workers have been forced to give up most rights to barg..
The total operating revenues of a public transportation authority are $100M while its total operatiing costs are $120M.
Elucidate the adjustment that will take place in the catfish farming industry in Louisiana that will result from the implementation of the pollution fee. Use diagrams with "U" shaped cost curves.
How can we curb emissions without, at least less, hurting our economy? How can we get other countries to curb their emissions as much as we do? What about developing countries that have horrid air quality, but can't afford to do much about it?
East Chicago is a major production center of steel in the United States. In the process of producing steel, the firms in this area emit pollution both into the air and into the water which adversely affect Indiana residents. The EPAhas determined ..
Calculate the cross-price elasticity for the following goods. Are they complements or substitutes?
As you start your research, you realize your company would make a significant profit from doing business in China.
When McDonald’s Corp. reduced the price of its Big Mac by 75 percent if customers also purchased french fries and a soft drink.
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