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Suppose that an economist from business school argues that government should not try to help an economy in a recession, while another economist from a public television program argues that the government should implement an expansionary fiscal policy to try to move the economy out of a recession.
Which of the following does the economist from the public television program probably believe?
A) an economy cannot get stuck in a recession?
B) wages are inflexible downward?
C) wages are flexible?
Identify at least four forces in general environment of organizations and provide an example of each for an industry or business. How do se forces differ from external stakeholders in task environment.
comment on the following statement from a newspaper article our junior high school serves a splendid hot meal for 1
Why does the government intervene in the economy? Should they and what would the impact be if they did not?
Determine the profit maximizing output and amount of profits for the firm. If the market demand increases to Q(d) = 57 - 4P, determine the new profit maximizing output and profits.
Andrew has decided to open an online store that sells home and garden products. After searching around, he chooses the software company Initech to provide the software for his website since their product required the least amount of specialized inves..
A person is using the normal distribution to determine the safety stock for a product. What "z" value would be associated with a 90 percent service level? Suppose that lead-time demand is normally distributed with a mean of 100 units and a standard d..
Perpetuity A pays $ 100 at the end of each year. Perpetuity B pays $ 32 at the end of each quarter. The present value of Perpetuity A is $ 1428.57. Calculate the present value of Perpetuity B using the same effective annual rate of interest.
Wilson Company sells 130 units daily. Each time Wilson orders more units, the supplier takes four days to deliver the inventory. What is Wilson's reorder point (in number of units)?
According to the political business cycle theory, if the Fed wanted to see a President re-elected, prior to the election it might.
Comment on the following quotation: "One way that a minimum wage could result in expanded employment is if the government sets the minimum below the market equilibrium wage."
claimed that the accumulation of wealth by capitalists was a small price to pay for the economic expansion from which all Americans benefited.
In the US, realized capital gains are taxed at 15% if they are held for more than a year. Suppose instead that we include realized capital gains (those held for more than a year and less than a year) in income instead so that they are added to an ind..
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