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Research firm Ponemon Institute found that 52 percent of the IT professionals surveyed did not believe access rights are well-managed in their organisation, and 78 percent thought employees often, or on occasion, had "too much access to information resources not pertinent with their job function." 19 percent simply said they were unsure. The survey suggests that "People are getting too much access to things," says Larry Ponemon, the Institute's founder. "The No. 1 issue is that we have a problem in that organizations that claim to manage roles and responsibilities may not be doing so."What do you conclude from these findings, and what do you think could be done to improve the situation?
Consider an alternative simplified version of the Taylor rule, where monetary policy depends only on short-run output: Rt-r= n(~Yt). Draw an IS-MP diagram, but instead of the usual MP curve, plot the simplified version of the Taylor rule. You might l..
“Attempts to stimulate an economy with expansionary monetary policy will lead only to a loss of some of the country’s international reserves and to no permanent change in income under a fixed-rate system.” Agree? Disagree? Explain.
"Discuss the strengths and weaknesses and basic structure of formal growth models. What insights do they provide? What do they leave out?"
Consider a numerical example using the Solow growth model. Suppose that F(K,N) = K^ 0.5N^ 0.5, with d = 0.1, s = 0.2, n = 0.01, and z = 1, and take a period to be a year. Determine capital per worker, income per capita, and consumption per capita in ..
A nation in recession reduces the both the personal and business marginal tax rates. What is the likely short-term effect on government deficit (or surplus), aggregate supply, aggregate demand, and GDP price index?
On December 31, 2012, the Bennett Company had 115,000 shares of common stock issued and outstanding. On July 1, 2013, the company sold 21,000 additional shares for cash. Bennett's net income for the year ended December 31, 2013, was $600,000. During ..
Hhgregg has been successful in retailing appliances and electronics by combining high prices with excellent customer service. In late 2008, Saks Fifth Avenue tried a new strategy in retailing luxury clothing. Saks decided to slash prices on designer ..
Monopolistic Competition- Consider a monopolistically competitive market with N firms. The following equations describe the demand, marginal revenue and cost for each firm.
(a) Produce the descriptive statistics on the stock index that are given, present an OLS estimate of B (b) Perform a test of the hypothesis that the drift is zero. Use a 5% level of signicance. State all elements of your test procedure carefully.
Suppose good X is a normal good. Then a decrease in income would lead to
Suppose you have a production technology that can be characterized by a learning curve. Every time you increase production by one unit
Greener Grass Company (GGC) competes with its main rival, Better Lawns and Gardens (BLG), in the supply and installation of in-ground lawn watering systems in the wealthy western suburbs of a major east-coast city. Last year, GGC’s price for the typi..
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