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Question
Keynes thought that the behavior of the economy in the short run was influenced by what he called "animal spirits." By this he meant that business people sometimes felt good about the economy, and carried out lots of investment, and at other times felt bad about the economy, and so cut back on their investment spending. Explain how such fluctuations in investment would lead to fluctuations in real GDP and prices.
What is the representative firm's demand for labor? What must be the equilibrium wage rate? What is the size of the firm's profit?
A firm uses a single plant with costs C = 160 + 16Q + .1Q 2 and faces the price equation-Find the firms profit maximizing price and quantity. What is its profit?
Suppose the company is considering using an amount equal to 10 percent of its retained earnings to invest in one of the two mutually exclusive projects.
Define the following in three senctence minimum definition.
Disney has multiple Strategic Business Units within its portfolio Leveraging either the McKinsey 9-box model,
Consider a world with two economies, Domestic and Foreign, with the following data
Most commercial fish species in nearly every ocean and sea are rapidly depleted. The world fisherman and vessels represent twice as much fishing power as major stocks of fish can sustain.
Explain which policy you think the country should take (e.g. ISI, export-led, free trade, something else...). Mention at least one specific sector
Discuss the unintended consequences of raising minimum wage, as it relates to potential changes in the incentives for low skilled workers to increase their huma
The vast majority of ideas about economic growth focus nearly solely on capital as the primary element contributing to development.
After two years the City of Plentiful is faced with a fiscal crisis and decides that it wants its garbage back.
If taxes are increased by a set number of dollars at each level of income, will the consumption at each level of income decrease by the amount of the tax
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