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1. Why should state and federal regulations exempt small businesses until they have more than $5 million in revenue or 50 employees. how have Obama Care and rising min wage affected the success of small businesses.
2. What is government budget deficit? How does it affect interest rate, investment and economic growth.
3. Explain how higher saving leads to a higher standard of living. What might deter a policymaker trying to raise the rate of saving.
As the baby boom generation begins to reach retirement age and the increase in the life expectancy in the US, people will be receiving Social Security payments for a longer period of time. In your opinion, what should the government do to handle this..
On December 31, 2012, the Bennett Company had 115,000 shares of common stock issued and outstanding. On July 1, 2013, the company sold 21,000 additional shares for cash. Bennett's net income for the year ended December 31, 2013, was $600,000. During ..
Does the best regression model have significant multicollinearity?
Suppose the US has a Debt Limit Law according to which government debt cannot be higher than $120 million. What are the options for Obama?
International Fisher effect: combinations of Fisher effect and Relative Purchasing Power Parity. Briefly describe the implications of the International Fisher Effect when the JPY interest rate is lower relative to GBP.
Suppose there are two consumers of a public good, Barbie (B) and Ken (K). Their demand curves for the good are given by: Graph Barbie’s demand curve. What is the slope? Graph Ken’s demand curve. What is the slope?
Explain Alfred Marshall's theory of a long run (long period) competitive equilibrium (the theory still used to this day to explain the long-run outcome of perfectly competitive markets).
What does it mean when we say that a firm enjoys increasing returns to scale? What are some factors that contribute to a firm achieving increasing returns to scale (or economics of scale) in the long run?
Because of a city tax reduction, the total fixed cost a firm must pay is reduced by $500 monthly. The firm operates in conditions of perfect competiion. If the firm seeks to maximize its profit, this cost reduction should (at least in the short run) ..
The United States is a net exporter of services to China. What does this imply about the magnitude of the deficit in the U.S. balance on goods and services with China compared with the size of the U.S. merchandise trade deficit with China?
We’ve all heard the cliché that “nice guys finish last.” Is this true in marketing? Do firms that use good ethical practices have an advantage or disadvantage? Do you think consumers will pay a few cents more for non-polluting soap or environmentally..
With adaptive expectations, what is the inevitable consequence of an active, expansionary monetary policy in the short and long run?
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