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Discussion
Since the end of World War 2, world trade has been growing faster than world output. How does one country's trade with other countries affect its domestic economy in the areas of price level, interest rates, consumption, investment, wages, jobs, and gross domestic product (GDP)? Would it positively or negatively affect the country's economic growth? Discuss in detail.
How do you create work breakdown structure (WBS) for large projects and what tools can you use to create WBS? Please provide details
Explain two arguments against Keynesian fiscal policy, one using the concept of "crowding out" and the other showing that it can only cause inflation.
(Population growth but no technology growth) Consider an economy that 12 is described by the production function Y = K^1/3L^1/ 3. What is the per-worker production function, that is y = Y/L ? What is the marginal product of capital, that is dy/dk? F..
Here is a chance for each of you to apply what we are learning to your real life. If you are a business owner, a manger in a business, a department head and there are lots of you in the class, you have a budget and you make decisions that effect fixe..
Unemployment occurs even during periods when the economy is growing. An increase in wages will shift the supply curve up and to the left. A decrease in population would shift the demand curve to the left. An increase in demand will cause the equilibr..
Adrianne and Joanna love watching plays on Broadway. Adrianne values a play at $85, and Joanna values it as $82. When the price of tickets increased from $80 to $83 following the imposition of a tax, Joanna stopped watching plays on Broadway, whil..
What earnings before interest and tax (EBIT) must the firm have if it were to provide $1 per share to the shareholders? Assume perfect markets.
Be able to write a brief overview of global currency market structure. Be able to discuss a range of arbitrage issues as they relate to currency markets. Discuss the importance of exchange rate forecasting for hedging currency exposure.
You are given the sample statistics n = 50, sample mean = 14.3, and s = 1.2. Find the P -value.
A large city in the mid-West needs to acquire a street-cleaning machine to keep its roads looking nice year round. A used cleaning vehicle will cost $85,000 and have a $20,000 market (salvage) value at the end of its five-year life.
Why does the structure lead to the problems that have been highlighted by the news? Should the government step in with regulations?
In general, the marginal cost (MC) curve is U-shaped as you learned in the lectures and the textbook. However, exception exists. Please provide at least one industry as an example to illustrate that MC is not U-shaped. Explain briefly the shape of MC..
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