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In this discussion forum, address the following:
Data source: The US Bureau of Transportation Statistics supplies a wealth of airline data.
Prices are, of course, another piece of this puzzle. RITA provides a table of national fares. Find these under Data and Statistics/Air Fares Data/National Level Fares since 1995. Use the quarterly data, U.S. Average (Inflation-Adjusted $).
A few airline terms will be helpful. Airline supply is usually measured in Available Seat Miles (ASM). Measures of demand are Revenue Passenger Miles (RPM) and Enplanements. Passenger Load Factor is yet another indication of demand. Should you ever wish to do more research, perhaps for the GCP, the BTS has all the airline statistics you will probably ever need.
Because net exports are counter-cyclical, analyze how the following change during an economic expansion: Consider the case in the context of a flexible exchange rate and a fixed exchange rate.
a pharmaceutical company has hired you to perform an economic analysis on a currently ongoing project. experts from the
Assume that you have been put in the position of the Federal Reserve Chairman and then the President of the United States.
What would this event makes the demand for the dollar to increase or decrease relative to the demand for the pound.
A firm operating in a purely competitive market has total cost function given by c(y)=y^2 +10 for y>0 and c(0)=0. (i) What is the firm's marginal cost function? (ii) What is the firm's average cost function?
Why would you as a CEO of a business choose to pay your workers more and give them better benefits than your competitors?
What elasticity of demand did the Village Administrator seem to assume here in his prediction for 1970- 1971? Compute the approximate elasticity of demand (round off, two decimal places is close enough).
Bridget has a limited revenue and utilize only wine and cheese.
Which of the following is a private transfer payment Unemployment benefits received by newly laid-off workers The sale of used clothing at a thrift store The Social Security benefits sent to a retired worker A check for $250 sent by a parent to a ..
Prepare a comprehensive brief for your minister on the tools of monetary policy. The brief is only preparation for your minister who is not an economist to participate in a meaningful meeting to discuss government monetary policy directives to th..
Monetary Transmission Mechanism: According to the Keynesian school, show what happens, step by step, when the Federal Reserve sells US treasury bills to US banks.
1) Why are Cost Minimization and Profit Maximization on paper the same but in application different 2) What are movie subsidies and why are they more inefficient than other government aided investment 3) Why do Green laws undermine the idea of deflat..
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