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Q1. For each of the following events, answer the following:(1) How would this event affect the money supply?(2) What sort of defensive open market operation would the Fed undertake in response?Mardi Gras celebrations lead people to carry more cash.
Q2. We use 2,750 per year of a certain subassembly that has a purchase cost of $450, and an annual holding cost of $500 per unit. Each order placed costs us $150. We operate 300 days per year and have found that an order must be placed with our supplier 6 working days before we can expect to receive that order. For this subassembly, find?
Distinguish between the resources market and the product market in the circular flow model.
Air transport for businesspeople and tourists
Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.
Oil and gasoline prices are a concern in the United States. Why does this economic problem exist from a supply and demand perspective, what can be done to improve resource allocations.
One of the three ADM executives was actually an informant who tipped off the Feds about this conspiracy. Which executive was he. Why did he rat out his co-workers.
Their banks are holding back credit so it is harder for businesses to invest and for consumers to spend
Find the equilibrium price and quantity after the shift of the demand curve.
Determine the quantity demanded, the quantity supplied, and the magnitude
The licorice industry is competitive. Each firm produes 2 million strings of licorice every year. Total cost of strings have an average.
Think of any financial innovation in the past ten years
By what percentage would GDP be boosted if the value of the services of stay-at-home spouses were included in GDP
Bud has very limited store space and has decided to limit his product line to one brand of beer, choosing to forego the snack food lines that normally accompany his business.
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