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Question: 1- How did the political reaction to government funding for the Solana project differ from the reaction to more conventional government spending projects such as roads and schools? What does the case tell us about how to assess the value of a fiscal stimulus project?
2- In the chapter we talked about the problem of lags in discretionary fiscal policy. What does the Solana case tell us about this issue?
3- Is the depth of a recession a good or a bad time to undertake an energy project? Why or why not?
The positioning and replenishment of finished goods inventories at the retail level can be determined using. Benefits of ERP systems include all of the following except
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Describe the different economic trade reforms developed and adopted in Colombia by the Gaviria and Santos administrations. What were the advantages and disadvantages of those reforms for each time period and what did those reforms ultimately do or no..
In the trade based model, the supply of a country’s currency in foreign exchange markets is primarily a function of. What does “redemption” refer to in discussions of commodity-money and the Gold Standard? What does it mean when a currency “floats?”
Compare the advantages and disadvantages of the mean.
Suggest which company should be awarded this government contract based on the data that was presented for each company.
Suppose the firms collude to form a cartel. What price will the cartel charge? What quantity will the cartel supply? How much profit will the cartel earn?
Management charges higher nightly rates in the winter, when its average occupancy rate is 75 percent, than in the summer, when its occupancy rate is 85 percent. Can this policy be consistent with profit-maximization? Explain.
The firm should maintain output at 600 units, because at this output level, marginal revenue is greater than marginal cost, marginal cost is minimized, and price is the highest.
Is there sufficient evidence to indicate a difference in the average starting salaries of assistant professors at the three types of doctoral-granting institutions? Use the table in the text to bound the p-value.
(a) Why are first and second-degree price discrimination less common than third-degree price discrimination? (b) Are lower airline fares at midweek an example of third-degree price discrimination?
Assume a financial system has a monetary base (MB) of $25 million. The required reserves ratio is 10 percent and no leakeges are in the system. What is the size of the money multiplier (m)? What will be the systems money supply?
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