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Macroeconomics
Recently, a discussion on increasing the minimum wage in the United States has developed. Historically, Democratic members of Congress typically support increases in the minimum wage while Republican members typically oppose such moves. Can you explain this in light of the arguments for and against increasing the minimum wage presented in lecture? In order for a Democratic initiative to increase the minimum wage to succeed, what other programs or policies need to be in place?
Suppose that the return on short-term government securities (perceived to be risk-free) is 5%. Suppose also that the expected return required by the market for a portfolio with a beta of 1.6 is 18%. According to the capital asset pricing model (CAPM)..
How do the following events influence GDP? A Japanese company builds a factory in Tennessee. (If this affects GDP, is it the Japanese or the American GDP?) A Japanese company buys stock in a Tennessee company.
Present your answers to the above questions in a functional Excel spreadsheet (it must be an XLSX or XLS file), giving each solution on a separate sheet
Give one reason why it is important for an information systems manager to be knowledgeable about telecommunications. Do not simply state something broad along the lines of "because telecommunication infrastructure is needed to meet business needs ..
Identify each of the following acts as representing either saving or investment.
A friend borrows $930 today and promises to pay you back $1900 in 8 years. If inflation is expected to be 2.7% per year during this time, what is the inflation-adjusted rate of return?_______ % per year
According to the augmented expectations hypothesis, if the yield on both one year bonds and two year bonds are the same, would you expect the one year yield in one year’s time to be higher, lower, or the same? Explain your answer.
A warehouse is proposed costing $200,000. The warehouse has a useful life of 35 years and a salvage value of $35,000. Annual receipts of $37,000 are expected, annual maintenance and administration costs will be $8,000/year and taxes $5,000 per year. ..
Suppose that in a week the price of Greek yogurt increases from $5.00/lb to $5.25/lb. At the same time, the quantity of Greek yogurt supplied increases from 100,000 lbs to 125,000 lbs. What is the price elasticity of supply for Greek yogurt?
The following figure shows a screen shot of a sales order form of Carbon River Furniture, a fictitious company. When a customer places an order to buy one or multiple furniture items, one of sales persons enters data on the form to complete an ord..
Given that the own-price elasticity of demand for shirts is -0.5, if the price of shirts decreases by 10%, what will happen to the quantity demanded of shirts?
Evaluate this statement: profit-maximizing firms lack an incentive to provide job safety, and consequently, the federal government must intervene legislatively to protect workers against unsafe working conditions that will surely result.
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