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A balanced federal budget and a balance of trade are considered secondary goals of macroeconomics, while growth in the standard of living (for example) is considered a primary goal. Why do you think that is so?
The price level in the economy in 2007 and 2008 rose from 100 to 105. In 2008 and 2009, the price level increase from 105 to 110.25. How does the short-run Phillips curve forecast the unemployment rate will change as a result?
John Poe works for a successful tech company - "REC TECH" which is on the verge of applying for a patent on an amazing breakthrough involving computers.
Suppose that the aggregate consumption function is given by the equation: C = 200 + 0.8 YD, where C represents consumption and YD represents disposable income.
New technologies, including hydraulic fracturing and horizontal drilling in the US have made it much less expensive to get oil to the market. In addition, there is lower worldwide demand. Show how the markets have responded to these changes.
When we look at the ease to enter the different market structure, there is no doubt that 'monopoly' is the hardest. Why
The world's largest carpet maker has just completed a feasibility study of what to do with the 16000 tons of overruns, rejects, and remnants it produces every year. The company's CEO launched the feasibility study by asking, why pay someone to dig co..
Write a report named Tax Planning Considerations for Employees. The report will involve tax planning issues related to the organization’s employees. USco designs and manufactures specialized equipment used in various manufacturing applications.
"As manager of a local hotel chain, you have hired an econometrician to estimate the demand for one of your hotels (H). The estimation has resulted in the following demand function"
Suppose that the State of Connecticut decides to subsidize the cost of purchasing a treadmill for cardiac patients, as prescribed by their doctors. Prior to the program, the equilibrium price of treadmills was $800, and the equilibrium quantity purch..
When assembling data on selling price, sq footage, number of bedrooms, number of bathrooms, age of house and lot size, which variables are dependent and independent
Suppose a network has been developed for a project where T=38 months and \alpha {^2}=7 months. Find the probability that the project will be completed within 40 months, using (a) the standard normal tables and (b) a spreadsheet.
A government policy implemented during 1990 to 1999 and its multiplier effect it had on the economy.
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