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Which of the following resources are not considered inputs in “KLEMS” models of “modern” production?
A. Energy
B. Labor
C. Materials
D. Services
E. All of the resources in A—D are important factors in modern production functions.
Examines the choices made by individual participants in an economy, while macroeconomics considers the economy's overall performance
The production department for a company requires 7200kg of raw material for manufacturing particular item per year. It has been estimated that the cost of placing an order is A 72 and the cost of carrying inventory is 25 percent of the investment ..
Compute and plot yield spread (difference between yields to maturity of console and one-period bond). Is yield spread pro-cyclical or counter-cyclical.
Are capital markets a necessary evil? Can the current capital market structure be fixed? Are there better alternatives? Please elaborate.
Explain in detail the concept of excess burden (or welfare cost) and explain the factors significant in the calculation of the excess burden. What is the marginal excess burden and why is it important concept for policy evaluation?
Are unions good or bad for economy. How do unions at GM and Ford affect employment levels and wages How do unions affect or industries in terms of employment and wage levels.
What is the principal-agent problem? When will the principal agent problem be most severe? Why might there be a principal-agent problem between the stockholder owners and the managers of a large corporation?
After reading the short story, "The Fatal Equilibrium," use the Mundell-Fleming model to explain precisely how the inspector figured out who the murderer was.
From the new York times. What business and/or economic factors prompted the decision? Did the managers involved satisfied or optimize? What was their risk approach to the decision they made? In your assessment, how creative was their decision?
The company you work for recently has committed itself to implementing a program of social responsibility. After the company has gotten the commitment of top executives, planned the program, and appointed a program director, you suggest that a (n) __..
Three different plans were presented to the GAO by a tech facility manager for operating an identity-theft scanning facility. Plan A involves renewable 1 year contracts with payments of $1million at the beginning of each year. Which plan is the best ..
The nations of Utopia and Paradise both produce popcorn and cola. They currently do not trade. Below are the Production Possibilities Frontiers for both countries, Utopia and Paradise both decide to specialize in one product and trade for the other. ..
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