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Discuss how the Multiplier leads to closing the gap between equilibrium and full employment.
Challenge question: Discuss why the tax multiplier is different. When would this multiplier be used?
What is the inflation rate in Home? In Foreign? What is the rate of change in the nominal exchange rate? Which currency is expected to appreciate? At what rate? Explain.
Do a market analysis for the product. Each group may carry out some desk research and fieldwork and do a write up on the following details of a product your group have chosen.
Periodically you hear of garbage strikes. Is garbage pickup a public good? Does garbage create externalities? What should be done about it? Why does garbage collection seem to attract organized crime?
Pears and oranges are substitutes. A freeze in Florida destroys most of the orange crop. What would you expect to happen to the market (price and quantity) for each of the following:
Explain the significance and implications of various economic theories pertaining to profit, consumer choice, demand and supply, forecasting and optimization.
State the essential difference between the classical and Keynesian schools of thought. If you were a public policymaker and received conflicting advice from a classical and a Keynesian economist, how would you choose Explain.
Hurricane Katrina which hit the Gulf Coast region in August 2005, resulted in massive flooding which destroyed large sections of New Orleans. Suppose prior to this event, New Orleans was producing an output combination given by a point.
kick flip inc. is a specialty skateboard manufacturer. the company is experiencing demand that greatly exceeds capacity
Find the proportions of consumption spending and investment spending in US GDP. What proportion of US GDP is comprised of wages. The information can be found at the BEA website.
Formualte the problem as a linear progarm and determine the weekly production schedule.
Calculates the percent return to the investment in new air facilities to be 12 percent. Will net benefits from resource use increase as a result of construction of new air travel facilities?
One of the concerns for the network project is ensuring secure e-mail and any documents sent through e-mail. Prepare a PowerPoint presentation that explains how e-mail messages can be securely sent.
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