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Go to the internet and find a news article(s) published within the last month that discusses the following questions:
1) Can the Coronavirus pandemic lead to the financial/economic crisis in the United States?
2) What should be done to avoid the financial/economic crisis in the United States?
Illustrate graphically and explain in words how the marginal rate of technical substitution falls as you move down an isoquant curve. Look at the figure Price Controls. A price ceiling has been imposed at point d. Identify the areas that correspond t..
Compute elasticities of demand and explain briefly for each the relevance of this information in decision-making by the firm. The data has been generated in each case from recent market experience or from test markets.
Suppose the probability of your favorite sports team winning their next game is 60%, winning the game after that is 70%, and winning the game after that is 40%.
Business cycles involve fluctuations around full employment real GDP. List and explain at least three of the possible causes. Demand for goods and services is more or less than the firm. Is supply-side economic activity more important than demand-sid..
In December 1994 a man in Ohio decided to deposit all of the 8 million pennies he’d been saving for nearly 65 years. (His deposit weighed over 48,000 pounds!) With a reserve requirement of 12.5 percent, what will be the cumulative change for the bank..
If income rises by 20%, you can expect your sales to increase by 40%. Is this true or false? Please explain
Consider a two-country (Home and Foreign) two-good world (wheat and cloth). Let MPLw and MPLc be 4 and 2, respectively. Let L=25. Suppose that the number of workers doubles in Home. What happens to the Home PPF and what happens to the no-trade relati..
Dow Chemical expects earnings per share to be $6 this year, it currently has a plowback ratio of 60% and return on equity is expected to be 20%.
Germany's trade surplus narrowed slightly in September as imports grew faster than exports for Europe's largest economy.
Focus on costs and do not discuss options for revenue improvement.
A country produces only one good. It produced 5,000 units of the good during Year 1 and 6,000 units of the good in Year 2. The price of each unit of the good in Year 1 was $280 and it was $320 in Year 2. Suppose Year 1 is taken as the base year for t..
How does global regulation influence U.S businesses operating internationally? What are the major obstacles to global regulation?
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