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In 1981, the United State negotiated an contract with the Japanese. The contract called for Japanese auto companies to limit exports to the United State. The Japanese government was charged with helping make sure the Japanese firms met the agreement. Were the Japanese firms necessarily hurt by this limited ability to export?
Illustrate what were some of the major contributing factors and how did they combine to cause the recession. How were you affected by it.
Assume that the Fed unexpectedly raise the rate of money growth.
Industries used to make capacity, production, inventory and staffing decisions based on long-range forecasts.
The Alpha Corporation is a member of the lamp industry, which is perfectly competitive. The value of a lamp is $50. The company's total cost function is:
Describe autarky equilibrium if all the English always consume equal quantities of wine and cloth. Describe autarky equilibrium if Portugal always consumes equal quantities of wine and cloth.
Assume industry abatement costs rise from $850 million in 2004 to $1,000 million in 2005 in nominal terms and that CPI is 100 in 2004 and 106 in 2005.
Fewer potatoes are demanded when the price of rice has fallen from $ 0.25 to $0.10 cents per pound-The Molly Jock wants to buy a high definition television to watch the Olympic Greco roman wrestling competition in Beijing.
Assume that the MPC is .8 and that $10 trillion of real GDP is currently being demanded. The government wants to increase real GDP demanded to $11 trillion.
You have been hired to work with a resort owner in Northern Minnesota. This resort owner runs a very small operation catering to mostly people who like to fish.
Explain how would you respond to this question. Explain how might the bank tie in the concept of utility maximization into the campaign.
Identify how interest rates affect the cost of operating the business-Explain how business planning and operations are dependent on monetary variables other than interest rates
Draw a set of indifference curves for Jones, and second set for Smith, with alcoholic drinks on vertical axis and non-alcoholic on the horizontal axis.
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