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Suppose there is a permanent fall in private aggregate demand for a country's output (a downward shift of the entire aggregate demand schedule). What is the effect on output? What government policy response would you recommend?
How does this action change the long-run real exchange rate between the home and foreign currencies? How is the long-run nominal exchange rate affected?
how much does the economy have to grow potential output is 3.5 and the unemployment rate is 7.3 in 2014 to bring the
John Smith, C.E.O. of A.B.Co. is attempting to estimate the quantity of his product that will be demanded during April. At the current price of $20.00, A.B. Co. is selling 100,000 units per month. Mr. Smith has been informed th..
Over a period of years, a toothpaste has received a mean rating of 5.9, on a 7-point scale, for overall customer satisfaction with the product. Because of a minor unadvertised change in the product
Examine different segments of the population
Englehand purchases a slurry-based separator for the minning of clay that costs $700,000 and has an estimated useful life of 10 years, a MACRS-GDS property class of 7 years, and an estimated salvage value of $75,000 after 10 years.
In an attempt to increase revenues and profits, a firm is considering a 4 percent increase in price and an 11 percent increase in advertising. If the price elasticity of demands is -1.5 and the advertising is +0.6 would you expect an increase or d..
Assume that 60 students take a triangle test with Coke and Pepsi. Each student taste three glasses where two drinks are identical. The students have to find out which of the three glasses contains the different drink.
Taking account of the discount movie scheme, by how much could the University raise Alan's tuition fees?
A local video store estimates their average customer's demand per year is Q = 7 -2P, and knows the marginal cost of each rental is $0.5. How much should the store charge for each rental if it engages in optimal two part pricing
Suppose that the Durbin Watson test is applied to a regression containing two explanatory variables plus a constant (e.g. equation 2 above) with 50 data points. The test statistic takes a value of 1.53. What is the appropriate conclusion
Conclude situations that present potential ethical and ethical issues, and develop solutions for those issues. Appropriately use effective communication techniques.
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