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Using well-labelled graphs, IS-LM, PS-WS and AS-AD models, show the adjustments toward both the short run and medium run equilibrium under the following situations:
a) The European sovereign debt crisis made consumers pessimistic about the future.
b) ACCC (the authority promoting competition) gets additional funding from the government.
Three of the biggest competitors are banking together and yet the Government is still trying to slow us down.' Should the AOL-Netscape merger alter attitudes towards the recent business practices of Microsoft?
Do you think business cycles would exist, or be as severe, if these economic statistics were not reported on a regular basis or at all? Why or why not?
Illustrate what would each political philosophy of utilitarianism, liberalism, and libertarianism likely suggest should be done in this situation.
Imagine that you are a senior business manager for a U.S.-based MNC. Your directorate has informed you that the organization must outsource its Information Technology
At the same time the city council is holding public hearings on aproposal to raise downtown parking rates and thus cause an increase in automobile travel costs to $2.60. Estimate the effects on peak hour travel demand of both actions combined.
What is the real wage as determined by the price-setting equation and what is the natural rate of unemployment?
Using an IS-LM diagram analyze what would happen to the economy if both consumer and business confidence decrease dramatically. Which policy mix would you advocate? Explain using a diagram.
Review the GDP data for the last few years from Bureau of Economic Analysis's Website and give a brief summary of the GDP trends over that timeframe and discuss 2or3 events which may have caused these trends.
During the 1980s and 1990s, a period of economic conservative governments in much of the West and Japan, a leading approach among development economists was
If thevalue of multiplier is 2.49 then find out: MPC MPS What is the relationship between the value of multiplier and MPC?
Why use teams, even though teams cost more than individuals and team decision-making quality rarely exceeds that of its best individual member?
Is the price elasticity of demand elastic or inelastic for that good or service. Explain how should the company alter the price of the good or service to increase revenues.
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