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Discuss the differences between formulas and functions. Pick a function in Excel and discuss how that function is used to calculate results in your worksheets. Review your classmates' posts to make sure that you're not duplicating formulas or functions already discussed. Using the following scenarios, discuss how you would apply the Excel functions or create a formula to solve the scenario. Be specific!
Discuss why the Reserve Bank of Australia (RBA) has moved the cash rate from 7% to an all-time low of 2.5 % in August 2013, and since than it has maintained this rate.
(i) What is nominal GDP in 2015? (ii) What is nominal GDP in 2016? (iii) What is real GDP in 2015, using 2016 as the base year? (iv) What has been the percentage change in nominal GDP between 2015 and 2016?
What is the relationship between the change in price and total expenditures for an elastic demand curve?
Select and complete one of the following activities. You may use Lucidchart or another diagramming software to complete the diagrams.
1. Analyze the following statement: "The demand for international reserves tend to increase with the level of world income and trade activity." Your response should be at least 100 words in length.
Select an organization that has both U.S. and international presences. Write a 750- to 1,000-word paper in which you answer address the following:
Why is it the case that a firm’s total variable cost curve begins at the origin AND slopes upwards from left to right? Explain both scenarios. Be specific.
A firm uses third-degree price discrimination to sell the same cologne under two different labels. The price elasticity of demand for `High Class' is -1.25. The price elasticity of demand for `Splash-This-Stuff-On' is -2. Which one of the followin..
a)Solve the optimal choice problem for agent i if p1 = p2 = 1; and I=15 b)How does this answer in part a change if income doubles?
How do they affect the economy in terms of growth, labor force, and price of labor
maria and emmanuel need to cut logs for shelter or gather food to stay alive per day. maria produces 10 cut logs of
Explain the relationship between the price elasticity of demand and total revenue. 2. Is the price elasticity of gasoline more elastic over a shorter or a longer period of time? Explain. 3. Determine whether each of the following is an explicit c..
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