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ITT Corporation in the most recent period reported current sales receipts of $542 million, current operating expenditures of $577 million and net new debt issued of $5 million. What change in holdings of financial assets must have occurred over the period? Was ITT a deficit-, surplus- or balanced-budget unit in the most recent period? Explain why.
Which of the following makes discretionary fiscal policy more difficult to use appropriately?
Does the nominal interest rate adjust more than one-for-one or less than one for one to expected inflation.
Assuming diminishing marginal product of additional workers and diminishing marginal product of additional hours-per-worker, how would a profit-maximizing firm adjust its mix of workers and hours-per-worker in response to [ceteris paribus]: (a) A new..
From California to New York, legislative bodies across the United States are considering eliminating or reducing the surcharges that banks impose on noncustomers, who make $14 million in withdrawals from other banks’ ATM machines. Estimates suggest t..
Until a few years ago, U.S. cars exported to Japan had the driver controls on the left side (as in the United States). The Japanese (like the British), What impact would this likely have on their sales in this country? Do you think the unwillingness ..
Explain the problem of time lags in enacting and applying fiscal policy. What is the difference between the national debt and a budget deficit? How does the crowding-out effect relate to fiscal policy?
Describe the main differences between the Sticky-Price-Model and the Incomplete-Information-Model. Focus specifically on. The assumption regarding the market structure for the firms. The assumption regarding the level of information of the actors in ..
Explain what is meant by stragetic planning. How does the SWOT analysis and the "mission statemaent" fit in the strategic plan?
Assume that the demand for oil is D (P, δ) = δ-where the variable δ is an exogenous demand shifter. The short run supply of oil is S(P) = (P-3)/2. The baseline case is δ=6. Assume that this is a free entry market. Calculate the long run equilibrium p..
The anticipated capacity factor is 70 percent also the price for selling power will not escalate. The operational life of the plant is 40 years also the salvage value negligible.
Suppose the tax on liquor is increased so that the tax goes from being a "medium" tax to being a "large" tax. As a result, it is likely that:
Based on your research, write summary on what you have learned about this country & apposes economy
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