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If government decides to release a stimulus package by allocating funds to public initiatives and household, what would happend to the aggregate supply and demand?
Also, if government decides to reduce real interest rates as a part of their monetary policies,what would happen to the aggregate supply and demand?
Please illustrate the movements of the graph, no need to be drawn, explanation is fine.
Assume you are the plant manager for Crossroads Sign Company, which produces road signs in a market that approximates perfect competition. Due to a slow economy, business has been slow and the company is losing money every month.
How can we measure the opportunity cost of producing a good? Using a bowed outward production possibilities curve between ice cream and hammers, identify graphically the opportunity cost of obtaining an additional hammer. Does economic growth elimina..
Multichannel customer management is “the design, deployment, and evaluation of channels to enhance customer value through effective customer acquisition, retention, and development” (Neslin et al. 2006). Are there any differences in the way multichan..
How are customer expectations today different from customer expectations of say 10-15 years ago? What are some reasons that contribute to that change's expectations regarding the level of customer service received?
Suppose there are only two people in society. The demand curve for person A for mosquito control is given by qA=$100−P. For person B, the demand curve for mosquito control is given by qB=$200−P. Suppose mosquito control is a nonexclusive good – that ..
A physician's office expenses increase 10 percent so she decides to raise the price of office visits by that much. Assuming the demand curve for office visits does not shift, what will happen to the total number of office visits and practice reven..
Many times, government intervenes as a way to maximize the social welfare of the people and society. However, not everyone agrees that this is a good idea. Can you think of an examples where government intervention has actually been regarded as a bur..
An experiment was performed on a certain metal to determine if the strength is a function of heating time (hours). Results based on 20 metal sheets are given below. Use the simple linear regression model.
How has Netflix established a Deep Economic Moat, or sustainable barriers to entry? Be very specific in terms of each barrier or unique position.
The windfall price increase of an imported good that results when a quota is imposed on that good accrues to:
Why is a hypothetical "basket" of goods used to measure inflation? Suppose that the U.S. textile industry is competitive and there is no international trade in textiles. In long run equilibrium, the price per unit of cloth is $30. Describe the equili..
President-elect Donald Trump has proposed several economic policies. On spending, Mr. Trump intends to modernize the U.S. infrastructure, including the transportation system and education facilities, and to strengthen the military. Is this economic p..
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