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Describe the characteristics of the current monetary policy and fiscal policy in the United States. Predict how possible changes in monetary and/or fiscal policy may impact the supply and demand of the Macbook Pro produced by Apple, in addition the financial performance of Apple
Can the game theory approach be used to analyze the model of Perfect Competition? Please explain.
Discuss the effectoveness of government transfers to reduce economic distressin the context of a two period Ricardian Equivalence model. Discuss the implications and viability of the model.
A monopoly firm faces a demand curve given by the following equation: P = $500 - 10Q, where Q equals quantity sold per day
From the list below, select the correct definition of inflation.
How can employee development activities be beneficial for companies and their employees? What are some examples of activities you've personally.
Under what conditions would WTO allow countries to impose (practice) the following (be specific)?
Jaynet spends $25,000 per year on painting supplies and storage space. She recently received two job offers from a famous marketing firm – one offer was for $105,000 per year, and the other was for $85,000. What are her accounting profits? What are h..
Consider again the case analyzed in class with two sectors exhibiting constant returns to scale technology (sector A is capital intensive and sector T is labor intensive). Suppose there is a neutral technological change in sector T only (no technolog..
Dumping and predatory pricing involve selling at very low prices, even below cost, for the purpose of driving competitors out of business. If a firm were to succeed it would be a monopoly and could raise prices accordingly. Why would a predatory mon..
Should a country invest in education? Why or why not? How will investment in education affect a county's production possibilities frontier in the future?
Assume the demand curve for golf balls in Japan is Qj = 100 - P, while the US demand curve is Qs = 400 - 4P. Over the range of prices, which demand is more price elastic? Please fully justify your answer using the definition of the elasticity of dema..
Consider the following two production functions: Y = AK^(α)L^(1−α) and Y = AK. Define the growth rate of gA = ΔA/A. Calculate productivity growth for each of the production functions. Assuming 0
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