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Explain a product or service for which the demand shifted over the past two years.
Explain a product or service for which the supply shifted over the past two years.
Describe what happened to the price and quantity of each when the shift in demand/supply occurred.
Explain what changes in price might tell managers in a free market economy.
Suppose Congress and the president decide to increase government purchases today, say for national defense. Explain how this effects the IS curve.
Jonathan wanted to make a quarterly deposit so that at the end of 10 years he will have $10,000 for a new BMW 1600 cc bike. If the account earns 6% annual interests, compounded quarterly, how much should Jonathan deposit each quarter?
If the stock is fairly priced today, what expectation of the price of the stock by the end of year
What are the two types of information available to complete the budget? Describe the benefits and disadvantages of them and give an example of each.
Show that the consumer is better off with a lump-sum tax rather than a proportional tax on wage income given that either tax yields the same revenue for the government. You must use a diagram to show this. (Hint: the consumption bundle the consumer c..
What does a nation’s unemployment rate indicate? Describe what type of unemployment you think each of the following illustrates:
Suppose the marginal expense of hiring another worker is $150, and the marginal expense of hiring current workers for an extra hour is $10.
1. What is NIOSH and is it a subsidiary of the NIH? 2. What is the Parent Organization of OSHA?
Your employers have indicated that they are changing insurance carriers to an HMO because of the cost savings in premiums.
Explain why tournaments are attractive to organizers who want players to exert maximum effort?
Calculate the intra-industry trade index (pg. 192) for rice (HS 1006) and motor cars (HS 8703) in 2018 for Canada and Japan and the Entire World
The FOMC is scheduled to meet on December 13-14 and it is anticipated that they will raise the federal funds rate. Explain what the federal rate is. Illustrate, using the theory of liquidity preference model, the impact of the fed’s anticipated polic..
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