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What is the "current macroeconomic situation" in the U.S. (e.g. is the U.S. economy currently concerned about unemployment, inflation, recession, etc.)? What fiscal policies and monetary policies would be appropriate at this time?
What effect, if any, does each of the following events have on the price elasticity of demand for corporate-owned jets?
At the equilibrium values, determine the price elasticity of demand. What does this number tell us?
The benefit of cutting down a forest is $1 million now. the environmental cost of that harvest is $10/year forever.
An airline transportation consultant offers the CEO of Blue Star struggling new commercial airline company
Illustrate what is the opportunity cost of a potholder for Martha. What is the opportunity cost of a potholder for Stewart.
When other companies refused to follow the increase, American Airlines made an attempt to gain customers in the competitors' markets by applying aggressive discounts on the tariffs.
If a second McDonald's franchise, Mac Junior, was to move into Obscure City. Elucidate what is the market price that would prevail at equilibrium in a Cournot oligopoly.
The data is listed per quarter, and real GDP data was calculated using 2005 as the base year. Fill in the columnns for the GDP deflator and for the percent increase in price level.
Price will increase; quantity cannot be determined. (Assume CD players are normal goods.) Which of following will happen to equilibrium price and equilibrium quantity for CD players
Elucidate the dynamics through which an increase in the stock of money affects real output and the price level in the short run.
What requires the highest sales volume to earn a profit. Would it be better to have fewer airline companies and more full planes.
The ABC Bank of Bermuda has outstanding checkable deposits of $300,000 also a reserve ratio of 10%. If it has excess reserves of $15,000, illustrate what is the size of the bank's actual reserves.
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