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Some people think it is much more difficult to establish trust in a virtual team. How will you go about establishing trust with your learning team?
Consider a case of small open economy. In this economy, there is an IT revolution, and as a result the productivity of the economy has gone up. What will be the e§ect of this productivity increase on interest rate and net export in this economy? What..
Suppose that a Presidential candidate proposes to cut taxes by $120 billion in his or her first year in office. Assuming that the US is a large open economy and its MPC = 0.8, state the long run impact of this tax cut on Y, C, I, G, NX, r, ε, Sp, Sg,..
Suppose a competitive firm and a monopolist each charge $5 for their respective outputs. One can conclude that:
We’ve talked about how companies simplify Profit = Total Revenue – Total Cost. We’ve also discussed how the more meaningful definition of profit is Profit = Total Value – Total Cost, where all costs are opportunity costs. How might an obsession with ..
q.the metropolitan book company assumed with certain that the ordering cost is 1200 per order as well as the inventory
Define and graph your budget set in terms of leisure (equal to non–worked hours) -Good 1- and ”money spent on every other good” -Good 2-. Assume that above 40 hours per week you get an overtime hourly rate of $16(B + 1) per hour. Define and graph the..
Ken and Daniel always eat miso soup and sushi in exact proportions – one miso per twosushi. They throw away any extra soup or sushi as it would not give them any pleasure. Draw the Edgeworth box for Ken and Daniel. Please put Ken at the origin and Da..
U.S. firms can produce and sell electric fans for $40. The United States can also import electric fans from China at $42 (including tax) each and from Canada at $50 (including tax) each. Now suppose that the United States forms a free-trade area (NAF..
Suppose that autonomous consumption increases but that, unlike the situation in the simple Keynesian model of this chapter, some of this autonomous consumption increase is spent on imports (say an amount equal to MPM times the autonomous consumption ..
The process of being served at a bank consists of two parts—the time waiting in line and the time it takes to be served by the teller. What is the standard deviation of the total time (X+Y) it takes to be served at the bank?
While nicotine use can be addictive for many users, it is not addictive for the so-called "social smokers". Answer the following questions....
Current issues surrounding social security and the current policy being implemented in relationship to its impact on public finance. Also include any possible new policy discussions surrounding the topic that are related to public finance.
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