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In a recession why is it likely that a fiscal policy stimulus will be more effective than a monetary policy stimulus? What kind of factors can determine the effectiveness of monetary policy?
Which factors tend to be associated with high competence in routinized tasks? Routines are an important explanatory element of evolutionary economics. Nelson and Winter note that the roles played by routines include: The “competency puzzle” is useful..
1. What is GAAP? 2. What is an audit and why are audits performed?
The desire to maximize profits can work against racial and other types of discrimination. To see this, consider two equally productive accountants named Ted and Jared. Ted is black, and Jared is white. Both can complete 10 audits per month. If the fi..
Most of Sheehy's fellow employees were teenagers and college students who were home from the summer and earning additional spending money. Almost half came from upper-income families and the rest from middle -income neighborhoods. More than half w..
Write a thorough analysis of unemployment, defining the various types of unemployment, full employment, and the natural rate of unemployment. Describe the impact of unemployment on the economy and your solutions to lower unemployment. Remember to ..
Suppose that you own a 25 year old movie theater in Micropolis. It has 6 screens and a concession stand. Across town there is a 7 year old movie theater with 4 IMAX screens and 20 more regular screens. Define price discrimination. Describe a price di..
What is the difference between a quota and a tariff? Which of the two trade sanctions would be more effective and why? please explain it in your own words
To what extent are deadweight losses relevant when deciding which side to take in the age-old debate between free-traders and protectionists?
A firm has 60,000 shares whose current price is $45.90. Those stockholders expect a return of 14%. The firm has a 3-year loan of $1,900,000
How should the federal reserve react if they desire to bring inflation down to 3%. When will they achieve that goal?
If demand decreases and supply increases simultaneously then for sure. Which of the following will increase the demand for chicken?
An increase in the reserve requirement would:
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