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ASSIGNMENT
Macroeconomics
Directions: Be sure to save an electronic copy of your answer before submitting it to Ashworth College for grading. Unless otherwise stated, answer in complete sentences, and be sure to use correct English, spelling and grammar. Sources must be cited in APA format. Your response should be four double-spaced pages; refer to the "Assignment Format" page located on the Course Home page for specific format requirements.
Part A
1. Describe three ways we can use macroeconomic analysis, with one original example for each way.
2. You are running a small yard maintenance business for the summer. What do you expect to happen to the number of yards you can maintain in a day as you add workers if you don't purchase more capital equipment (like mowers and leaf blowers)? Provide at least two supporting facts to support your response.
Part B
1. Using the real business cycle theory, explain two effects of an adverse technological shock on the labor market and on the output market.
2. Suppose you were interested in increasing technological progress in your country. Suggest two ways to do this.
consider a bond that promises to pay 100 in one year.a. what is the interest rate on the bond if its price today is 75?
Explain how would you decide also what was the best level of emission reduction. Why do you think your approach would be better than others.
hotel bethlehem implements a block pricing scheme for nights in a hotel room. they face inverse demandp 260 -qdthe
If the prices of A, B, and C are $2, $3, and $1, respectively, and the consumer has $26 to spend on these three products, illustrate what combination of the three products should be purchased in order to maximize utility.
Consider the following game between Sony, a manufacturer of video cassette players, and Columbia Pictures, a movie studio. Each firm must decide whether to use the VHS or Beta format - Sony to make video players, Columbia to release
Calculate the predicted change in tickets sold if the price were raised to $11. Also elucidate the expected change in total revenue.
Define Supplier-Induced Demand and propose a research study to identify the presence of SID and its effect on the utilization of physician services.
Explain why the Fed can attempt to target either changes in the money supply or changes in interest rates, but not both. Your response should be at least 75 words in length.
Compute point price elasticity of demand for this product.
The Optimal Scam Corporation would like to see its sales grow at 20% for the foreseeable future. Its financial statements for the current year are presented below.
Explicit costs and implicit costs,economic profit and accounting profit, and
If my optimal choice for two goods (cookies and milk) is different from two different weeks (for example, week one is C:8,M:16 and week two is C:16,M:16) BUT INCOME IS THE SAME throughout all weeks ($8).
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