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What is Keynesian cross? How aggregate demand and output gap are related. Explain in the light of Keynesian cross diagram.
Identify the key features of the Affordable Care Act in the United States as well as the key features of healthcare proposals or systems in one other country.
Suppose you own a movie theater and most of your costs (the band, security, the land rental, etc.) are independent of how many people show up. What is likely to be the point elasticity of demand at the price you decide to charge?
Expalin how does it estimate the demand for new products so that it can prepare a production run. Which is more important for your business: lower cost, quality, customer expectations, or some other feature.
How did U.S. prices changes in July? How did household incomes change in July? Given this information
The country has an inflation target of 3% and the central bank decides to bring inflation down to meet the target. What is likely to happen to the unemployment
Why must the total value of expenditures in the economy be equal to total income? Is the value of intermediate goods and services included in GDP? Explain.
Why might the existing firms in a cartelized industry prefer to be regulated by the government? What is the problem with common property resources?
How does the FRB conduct monetary policy? What does it aim for and how does it seek to achieve those aims?
If you increase the vakue of your goods but sell more units is this a violation of the law of demand and how could input suppliers ever lower your profits?
A summary of the operations of XYZ Corporation for the year ended, Calculate the net income for the year by preparing an income statement.
Does it use the market value, price index, or market basket? What does the country GDP equal to?
Illustrate what other information would you want before you decided where to establish a new production facitily.
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