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Research monetary and fiscal policies that have affected a particular chosen industry.Determine two sources to help you answer the following questions about the industry you chose:How have these policies affected the employment rates for your chosen industry?How have these policies affected the growth of the industry? How have these policies affected the prices of the product the industry produces?
A corporation among $7 million in yearly taxable income is considering two alternatives
Most commercial fish species in nearly every ocean and sea are rapidly depleted. The world fisherman and vessels represent twice as much fishing power as major stocks of fish can sustain.
Elucidate whether current economic conditions are more consistent with the Keynesian or classical economic theories.
If the demand for a domestic currency decreases in a nation using a fixed exchange rate system, what must the central bank do to keep the currency value steady.
Elucidate the difference between economic profits and accounting profits. Using the concepts of relative elasticity and relative inelasticity, explain price elasticity of demand.
Illustrate what does the concept of opportunity cost indicate. Consider how the production of one good affects the possible production level of other goods.
Imagine that the firm must choose one of three quality levels: z = 1; z=2; and z = 3. Which quality choice will maximize the firm's profit?
Elucidate the difference among a monopoly and an oligopoly, the welfare effects of monopoly, cost advantages that create monopolies, government actions that create monopolies, and government actions that reduce market power.
Elucidate the three Federal Reserve tools used to undertake a tight monetary policy.
Suppose that firm sells its product in a perfectly competitive market. The company fixed costs are equal to $100 and its variable cost schedule is as follows;
One might expect company in monopolistically competitive market to experience greater swings in price of their products over the business cycle than those in an oligopoly market.
Illustrate what objectives are pursued by members of the OPEC cartel. Discuss what actions they can take to achieve these objectives.
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