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After the attacks of September 11, 2001, U.S. businesses began to spend more on security, and continue to do so today. For example, airlines and package delivery services run more background checks on their employees, and office buildings hire more security guards than they did before the attack. What impact have these decisions had on real GDP? (Hint: Is the new spending considered to be purchases of final goods?)
A recent McKinsey report concluded that 'If a price war occurs in a specific market-Critically examine this statement.
Elucidate good or service does the company sell. Is the price elasticity of demand elastic or inelastic for that good or service.
What is national saving? What is private saving? What is public saving? How are these three variables related?
Illustrate what has been the real change in Bill's net worth.
Increase the level of the activity if its marginal benefit exceeds its marginal cost, but reduce the level if the marginal cost exceeds the marginal benefit. Why is the level where marginal benefit equals marginal cost considered maximum satisfact..
a paper recycling facility is proposed ofr a town. because of the bleaches and other chemicals used in paper recycling, there are concerns about the air and water pollution from the plant. a team of economists has studied the facility. the total b..
China's entry into World Trade Organization is likely to create more competition in local and foreign firms, as well as provide China greater access to the market of exports.
Assume you own a home re-modelling company. You are currently earning short-run profits. The home re-modelling industry is an increasing-cost industry.
What are the advantages and disadvantages of using an expansionary monetary policy in a recession compared to using fiscal policy? (Please note: I am not asking you how monetary policy works. You have already answered it in part c above. The quest..
Medfin Accounting Company (MAC) specializes in providing accounting and tax services for medical establishment and professionals. Presently, the company's production method is highly labor-intensive because many of the book keeping tasks are done ..
You manage a US based company that makes shoe laces that you sell in a highly competitive marke
The impact of Energy price on the Aggregate Supply, this is a topic we have been discussing in my macroeconomics class and I am completely lost.
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