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1. Describe the current state of the following economic factors and analyze how unemployment affects aggregate supply and demand.
2. How does the money multiplier effect facilitate the creation of money?
3. What factors contribute to the establishment of general and specific rates of interest?
one of the measures used in studying health and obesity is the body mass index bmi. a bmi measure between 20 and 25
What are implicit costs? Do implicit costs contribute to the opportunity cost of production? Should an implicit cost be counted as cost? Give three examples of implicit costs.
As an economist you have been tasked to address a meeting of a company on international professional to describe the differences between micoeconomics and maroeconomic and give real world example.
Is the main outcome of economics (high standard of living) the only relevant question in the realm of economic analysis? Do you agree? Is quality of life also significant?
Which of the following is often referred to as the basic postulate of economics?
Find the economic order quantity, total cost and the reorder point, What quantity should be ordered?
Provide two examples of actions taken by a company, government, or organization whose effect is to prevent specific markets from reaching equilibrium. What evidence of excess supply or excess demand can you cite in these examples?
Bill decides to start a 401(k) investment account beginning next year with an initial investment of $500. His plan is to make annual investments which increase by $100 each year. If bill earns 10% on his investment, his 401(k) account will be worth h..
If the marginal propensity to consume equals 0.75, a $6,000,000 increase in government purchases will result in what increase to total output, assuming no crowding-out effect exists? A. $4,500,000 B. $6,000,000 C. $8,000,000 D. $24,000,000 E. $1,50..
The division of a large office services company that makes high-end copiers recently signed a five-year, $25 million contract for IT services from CGI Group, a Canadian information technology company.
When an agent acquires interest against the principal’s interest, without the principal’s knowledge, the agency relationship terminates due to: Which of the following kind of termination occurs due to operation of law?
In 1914, Ford Motor Company doubled its wage to $5 per day, a rate that was considerably above the average wage at that time.In terms of efficiency wages, explain why Ford would have had an incentive to do this.
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