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Imagine you are tasked with recommending an optimal mix for production and pricing of a product. How would you go about utilizing economic indicators and data to make that recommendation? Please use a specific product as an example in your initial posting.
1. Mr. A spends all his income on food and housing. Holding fixed his income and the price of food, Mr. A spends more on food as housing becomes more expensive. How many of the following statements can we infer from this information alone?
Elucidate how your policy would help increase aggregate demand.
Consider a monopolistic firm selling the same product in two separate markets, A and B, which have different demand curves. The demand in market A is defined by PA = 18 - 2QA for positive prices and quantities (i.e., for all PA, QA > 0) and the de..
Why are banks able to maintain reserves that are only a fraction of the demand and savings deposits of their customers? Is your money safe in a bank? Why or why not?
Why do companies cut production when they find that their unplanned inventory investment is greater than zero? If they didn’t t cut production, what effect would this have on their profits? Why?
When the government pays to build highways, they affect G (government purchases) by increasing spending. This in turn increases C (consumption) as consumers are paid and able to have more discretionary income.
suppose fred deposits 8000 in cash into his checking account at the bank of bonzo. the bank of bonzo has no excess
How might your organization be affected by these changes?
How is the value of different currency deteremined, and what factors conribute to making one currency stronger than the other?
Why did they make this choice? Would another decision be more helpful? What macroeconomic principles can be used to understand what is happening here?
The labor market is traditionally protected by union in many industries such as automobile and K-12 education (public schools) What are the pros and cons of unionizing a workforce What about minimum wage rate What are the pros and cons
Unemployment is more so important when it comes to the operations of the federal government as its performance is often linked to how efficient it is able to produce jobs thereby reducing unemployment. What are the types of unemployment? Please ex..
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