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Questions: What are some examples of political ads you are seeing in this very "lively" election cycle? Is it always clear to you just exactly who/what group is funding these ads? (Hint: it is often not the candidate him or herself directly.) Is it a problem that the source of money that supports candidates for elected office (or that funds inflammatory, negative political advertising) can be hidden from voters? Why or why not? Important last question: As voters and citizens, what are our responsibilities in how we receive and respond to political messages?
Suppose population growth rate is 0.03, inome elastiity of demand for consumption is 0.75 and inome growth rate of 0.05. what would be the growth rate of agriultural production for balaned growth of the economy.
Fiscal policy, the money market, and aggregate demand Consider a hypothetical economy in which households spend $0.75 of each additional dollar they earn and save the remaining $0.25. The following graph shows the economy's initial aggregate demand c..
If the government places a binding price floor in the market for milk, then we know that
At prompting of United States, Japan relaxed restrictions and allowed companies to invest anywhere in world. What effect do you think this had on yen/dollar exchange rate and trade balance between two countries.
A company produces two main products: electronic control devices and specialty microchips. The average total cost of producing a microchip is $300; the firm then sells the chips to other high-tech manufacturers for $550. Should the company produce co..
Which of the following pricing strategies is NOT used in markets with special cost and demand structures?
What would happen if no one tried to manage the business cycle? What role do you see for the Executive Branch of the U.S. government in managing the business cycle? How does fiscal policy work? What are its limitations? How does monetary policy work?..
Assume that velocity and aggregate output are constant. If the money supply increases from $1.10 trillion to $1.18 trillion:
If a bank has $100 million in deposits and $16 million in reserves with a reserve requirement of 0.15,
How will a tax of $5 per unit produced affect the short- and long-run marginal and average cost curves? What about an annual license fee of $500 per year regardless of production level? (Make sure you address all possible average costs—e.g., fixed, v..
If income changes from $200 billion to $300 billion, and consumption changes from $100 billion to $180 billion, what is the multiplier?
Describe the type of product or service offered by the company. Describe the type of data that will be contained in a relational database managed by the company.
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