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To be successful leaders in the global business world of the 21st century, managers must consider economic trends, behavior, and ramifications of economic decisions. Managers must also balance the pressures to react in the short term and plan for the medium term and long term.With this in mind, reflect on the economic theories, concepts, and strategies presented in this course as you respond to the following:• Describe how the economic theories and principles you have studied in this course have deepened your thinking about economic behavior.• Identify the knowledge/insights you think will be most useful in your own decision making from a personal perspective and a business perspective.Summarize your reflections in a 250-word response paper.
Assume that in addition to policy action described above, Fed decides to sell a massive amount of Treasury bonds from open market. Elucidate in detail effect of this policy action on size of money supply.
By choosing to right of mid point but to left of republican agenda democrats would get more than half of votes and win What happens if democrats have a fairly socialist party agenda and locate to left of midpoint.
Illustrate which of the following is an example of the legal-regulatory environment surrounding advertising also promotional activities of businesses.
Calculate firm 1's profit-maximizing output and profits in the absence of potential competition and calculate the output and profits of both firms in case firm 1 accommodates entry.
Compare performance of a single-price monopoly with that of perfect competition. Explain how price discrimination increases profit. Explain why monopoly can sometimes achieve a better allocation of resources than competition can.
Is there a surplus or deficit in the government budget at the equilibrium level of income.
What is Wirelesses' producer surplus from sales for each low-demand as well as consumer.
Using the specific-factors model, elucidate why you might expect to see certain capital owners and labor groups arguing against expanding trade in a capital-abundant country.
If planned aggregate expenditure (PAE) in an economy equals 2,000 + 0.48Y and potential output (Y*) equals 4,000, then this economy.
Using the specific factors model elucidate why you might expect to see certain capital owners and labor groups arguing against expanding trade in a capital abundant country.
Using production theory, explain illustrate what will take place to the capital- labor ratio in both the short-run also the long run.
Illustrate what will be the effect of the different tools of fiscal approach to stabilize the economy
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