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What are the four phases of the business cycle? How long do business cycles last? How do seasonal variations and long-run trends complicate measurement of the business cycle? Why does the business cycle affect output and employment in capital goods industries and consumer durable goods industries more severely than in industries producing consumer nondurables?
It is interesting to note that technical improvements in agriculture or manufacturing have generally been slow to arise in countries that have relied on slave labor. Can you think of a reason why this might be so?
a pricing analyst for QuantCrunch Corporation, a company that recently spent $10,000 to develop a stastical software package. To date, you only have one client. A recent international study revealed that this client's demand for your software is Q..
C2. Which harvester is better using the External Rate of Return (IRR) Method C3. Which harvester is better using the Simple Payback Method if the average recovery period (industry threshold) for this category of harvester is 3 years.
Suppose the price elasticity of the supply of heating oil is 1.0 and the price elasticity of demand is 0.50. Use the price-change formula developed in the chapter on elasticity to predict the new equilibrium price. What fraction of the tax is pass..
What if the price of labour relatively cheaper than capital, for labour is $1 and capital for $1000. Two combination produce save amount of output, one is 10 labour and 10 capital, one is 1000labour and 1 capital. The second one cost the least, Can i..
How would the domestic nominal interest rate be related to the foreign nominal interest rate? What if the crawling peg is not fully credible?
You and a friend get together to start a business, based on your friend's patent of a new and better ice cream scoop. Because you have the patent, you are the only producer of this product. You are in charge of marketing.
You wish to predict the sale price of single-family residences in Massachusetts using property features (commonly called a "hedonic pricing model"). How would you categorize, or label, this dataset? Defend your answer
Which of the reasons for the growth of MNCs do you think are the primary reasons for the developments of multinationals in the following industries?
For the declining-balance method, Wang Company uses the double-declining rate. For the units-of-activity method, total machine hours are expected to be 24,000. Actual hours of use in the first 3 years were: 2009, 400; 2010, 4,500; and 2011, 5,000.
Pete and Lisa are entering into a bargaining situation in which Pete stands to gain up to $5,000 and Lisa stands to gain up to $1,000, provided they reach agreement. Who is likely to be the better bargainer?
You need a loan to purchase new equipment. The loan will be paid off over 8 years with payments made at the end of every quarter.
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