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Question: 1. Consider the Direct Output function and Consumer Output function and the state provision of roads and highways.
2. How might you measure the direct output of the state? How might that differ from the consumer output that citizens experience?
3. Would individuals' decision to purchase a car instead of taking public transportation influence the direct output or consumer output? Which aspect of the function would be affected, and how?
In a short run situation in which quantity demanded equals quantity supplied in a competitive industry, with price greater than the average cost of the typical firm,
Can you establish the macroeconomics effects of these policies on consumption, investment, interest rate and savings? Use the models
Elucidate what is the impact of a trade surplus. What is the impact of a trade deficit? How do trade deficits and trade surpluses affect the firm you work for.
Do you think the Patient Protection & Affordable Care Act will have no influence or add to or slow business formation and economic growth and why?
Describe why the general level of wages in high in US and other industrially advanced countries. Determine the single most important factor underlying the long run increase in average real wage rates in the US
Suppose there are two types of jobs in the lobar market: "safe" jobs and risky jobs. Describe
Could you give me some policy issues arise from Ricardo and Specific Factor models?
A marketplace has only two sellers. Both are trying to decide on a pricing strategy.
Indicate whether each of the following would be considered an automatic stabilizer (last part of lecture and pg. 544):
Assume you observed an acquisition through diversifying company and that the aftermath of the deal included plant closings, layoffs, and decreased compensation for some remaining workers in the acquired company.
Draw indifference curves to represent the following types of consumer preferences-I like peanut butter, but neither like nor dislike jelly.
Agya is ready to think about how many pairs he can buy. Wait a minute, what happens if any of the ladies going to AUCC spotme at the BDBs? . I will buy any jeans from the Accra mall. Oops I am not quite ready to decide how many pairs I can buy.
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