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1. Contrast keynes and Leijonhufvut policy perspectives on recessions and depressions.
2. A "macroeconomics that is consistent with sustainability development" should adhere to the principles of which economist?
3. What are the "characteristics" of the above 'macroeconomics'?
4. An "ecologically oriented macroeconomics should focus" on what (explain)?
5. What is an "expanding cririque free trade and globalization" (explain)?
A company offers $2.5 million for the rights to a patent. If the patent can bring in $500,000 in royalties over the next six years, should the offer be taken? Assume an interest rate of 6% per year.
Explain how could those same inventory systems quickly transmit large demand shocks directly to sudden, deep recessions.
The American supply and demand curves for potatoes cross at $5 a pound, but potatoes are available in any quantity from abroad at $2 a pound. Each week, American sellers produce 500 pounds of potatoes and American buyers purchase a total of 1,200 pou..
Why might a parent company like McDonalds or Hilton choose to franchise its local outlets rather than own them and staff them with employees? In many smaller cities all McDonald’s outlets are owned by the same franchisee. Why is (or isn’t) this fact ..
Financial statements are a major source of information about a company. Forecasts, reports, and recommendations from analysts are popular alternative sources of information. Discuss the strengths of financial statement information for business decisi..
If the price of soda is $1 every can, Elucidate how many sodas will the consumer purchase in a typical month.
Determine whether the following production function exhibits constant, increasing, or decreasing returns to scale
You are employed as an economic consultant to the regional planning office of a large metropolitan area, and your task is to estimate the demand for hospital services in the area. Use this information to project the impact of the following changes on..
A perfectly competitive firms average fixed cost function is AFC = 30/Q, its average variable cost function is AVC = 6 + 0.1Q, and it marginal cost function is MC = 6 + 0.2Q. The firm optimizes by producing the level of output that maximizes profit o..
Which of the following institutions is NOT part of the shadow banking system? An investment bank is susceptible to events similar to bank runs, and may collapse if: The main difference between the financial crisis of 2008 in the United States and the..
Think about or look around your house for something that was made in another country. Based on the principles of comparative advantage what advantage does the exporting country have? Why? Was it beneficial in some way to the US that the item was made..
Describe the balance of fixed and variable costs for the organization. How can the organization use technology to change this balance for an advantage.
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