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GDP is defined as the market value of all final goods and services produced within a country in a given period of time. In spite of this definition, some production is left out of GDP. Explain why some final goods and services are not included.
Illustrate what is the labor variance for the month. Illustrate what is the labor efficiency rate for the month.
GDP and unemployment are the most important economic indicators of the economy. Go to the Ycharts https://ycharts.com/indicators/categories/retail_and_services and chose retial and services.
Suppose that a firm wishes to dispose of 500,000 shares. Table 1 summarizes the various bids for blocks of shares. In this auction, the lowest bid disposes all the shares. Suppose that the seller retains the right to accept any submitted price...
Do you feel technology should be made available to all users at a public library, addressing the question, should student users at the public library be able to access social media, play games, and utilize dating sites?
Assume one firm buys another firm. Elucidate what issues might arise as they attempt to merge their respective performance management systems.
Explain the significance of inflation, deflation, price index, consumer price index, market basket, base year, creeping inflation, hyperinflation.
Suppose in an economy, the government increases spending dramatically. On a graph showing inflation(scale: 0-12%) at 8% and real GDP growth rate at 8%(0-12%), what would be the short-run impact of government spending on the economy?
This question continues from the previous problem, focusing on how risk premiums explain the gaps in living standards across countries.
Describe significant current trends related to IT in a business setting and your personal life. What are the pros and cons to the increasing use of technology to disseminate information.
Describe the effects of each of the following events on the US economy (i.e. What may happen to the price? To the real output?).
Briefly describe how Trump's proposals in education reform may impact the economy in the long run. Offer an optimistic and pessimistic perspective.
In a competitive market, a firm's supply curve dictates the amount it will supply. In a monopoly market thesame is true.
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