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What are some of the shortcomings of our current GDP measure?
Considering all of the shortcomings of GDP, if you could change the measure to include one of the categories that are currently not included in GDP, which would you choose and why?
If a firm's Marginal Revenue (MR) is more than its Marginal Cost (MC) at any given level of production (Q), profit-maximization requires that the perfectly competitive firm (decrease/not change/increase) its product price and the monopoly producer (d..
How do I determine the values for P,D,Q for an ARIMA model? I have already done the differencing; I am having trouble understanding how to determine the individual variables.
q.when money decreases in value because of inflation people tend to place less trust in it as a method of storing value
Proviade two examples of actions taken by a company, government, or organization whose effect is to prevent specific markets from reaching equilibrium.
You are the manager of a firm that produces output in 2 plants. The demand function is P = 120 - 6Q where Q = Q1+Q2. MC associated with producing in 2 plants are MC1=2Q1 and MC2=4Q2. How much output should be produced in plant 1 in order to max profi..
What is the lower bound of the 95% confidence for a sample of size 87 with mean 64 and standard deviation of 6 compared to a population mean
If, in a particular year, the government ran a budget deficit of $200 billion and the private sector's holdings of government securities increased
Colleagues, assess and explain a major trade regulation or policy of the United States (please choose a regulation or policy other than one already discussed by your classmates). What purpose(s) does the regulation or policy serve? Give a specific ex..
what amount of additional government spending (without changing taxes) would be needed to reach the desired increase of GDP? what change in total amount of direct taxes (without changing government spending) would be necessary to reach the same incre..
A new chemical has been discovered that can be produced at a constant marginal cost of $10 by its patent holder, Johnson inc. Two industries, A and B, find the chemical, Cloreen, to be useful in their production processes.
The past 500 years have seen divergence in GDP and growth rates between developed and undeveloped countries.
Marketing research may be qualitative or quantitative in nature. The Segway case study provides numerous opportunities for both quantitative.
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