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What are some challenges of using incremental cost analysis in public sector financial management?
An economy has the following eqn for the Phillips Curve: pi=Epi - .5(u-6) People form expectations of inflation by taking a weighted average of the previous 2 years of inflation: Epi=0.7pi-1 + 0.3pi-2 Okun's law for this economy is: (Y-Y1)/Y-1 = 3.0-..
Illustrate what is the macroeconomic relationship with the article, "Squaring the Economic Circle" by Art Buchwald.
A student is buying a new car. The car’s price is $19,500, the sales tax is 8%, and the title, license, and registration is $650 to be paid in cash. Instead of buying the car now, the student has decided to save money in equal monthly amounts for 48 ..
How does organizational culture affect innovation? Are there any guidelines we can develop and implement in organizations that will enhance our innovation capabilities? Include examples.
Zack quits his job at a consulting firm, which pays $40,000 a year, to enroll in a two-year graduate program. His annual school expenses are $30,000 for tuition, $2,000 for books, and $600 for food. What is his opportunity cost of attending the two-y..
It is well-known (from chapter 10 in the text that is not covered by this test) that college graduates tend to migrate across state lines much more than high school graduates do. What does this imply about the relative willingness of state government..
Two bike riders, Floyd and Lance, are scheduled to race. Each wants to maximize his chance of winning the race; neither has any reservations about taking steroids if that will help win the race. If both take steroids, each has a 50 percent chance of ..
If you are constantly looking at your phone and not focusing on driving, working, schoolwork, or even talking to the people in the same room, is it an addiction? What does that mean as we allow this as a society?
Show an expression for average cost. Derive an expression for marginal costs. Is there any range of production characterized by scale of economies.
Explain how does price elasticity affect the price-quantity combination and segment of the demand curve that the monopolist would prefer for price and output.
Using the internet, research a case where an individual claimed discrimination, either in his or her hiring or firing
Use the capital-asset pricing model to predict the returns next year of the following stocks, if you expect the return to holding stocks to be 12 percent on average.
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