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Classical economics has been criticized for being overly micro-focused and failing to effectively handle aggregate economic activity. How would you respond to this criticism if you were attempting to defend classical economics?
Regina has finally landed her dream job at Abercroanie & Fetch. After just a couple of days on the job, we find out why. What type of fraud is Regina committing? How could her employer detect this kind of fraud?
Explain why the demand for the good or service provided by the organization you work for is elastic or inelastic. How does this influence pricing decisions?
1. How does one see the global economy and globalization impacting income and employment in the developed world? What is the justification?
You are the network manager of a company that has grown from 20 employees to 200 employees in 12 months.
How many Uno’s does it currently take to purchase 1 unit of FX in Country 1's FX market? Has the Uno appreciated or depreciated? What is the new value of Country 1's real exchange rate (R)? Show your calculations to obtain full credit.
Illustrate what is the basic objective of monetary policy. What are the major strengths of the monetary policy. Why is monetary policy easier to conduct than fiscal policy in a highly divided national political environment.
Joe and Jim purchase vegetables at a grocery store, but Jim also grows vegetables in his back yard. Only Joe’s grocery store purchases are included in GDP. Only Joe’s and Jim’s grocery store purchases are included in GDP.
If nothing is done to bend the cost curve what is the percentage of GDP estimated to be in 2030 and how will that impact us as a society? Additional comments: how would you generate the estimated increase? How would you figure out how this would impa..
Determine the enrollment variance for the month.Determine the utilization variance for the month.Determine the efficiency variance for the month.
In the last years of the 1980s exports increased dramatically. The effects on the U.S. economy include, ceteris paribus,
An individual donates artwork to San Francisco General Hospital. This was the only charitable contribution the taxpayer makes during the year. The artwork was purchased several years ago for $50,000; it is worth $140,000 at the time of the donation. ..
If indifference curves are convex to the origin, then a. More is preferred to less b. Willingness to trade one good for the other is constant regardless of how much you have of each good c. Averages are preferred to extremes d. None of the above
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