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a) What is fiscal policy? What kind of fiscal policy is needed to reduce unemployment problem?
b) What is monetary policy? What kind of monetary policy is needed to fight inflation problem?
Using graph, illustrate the effect of an increase of the input price on the production and profit of a one input-one output firm with decreasing return-to-scale technology?
On October 1, Golshan paid $250,000 for a residential rental property. This purchase price represents $200,000 for the building and $50,000 for the land. Five years later, on June 25, she sold the property for $250,000. Compute the MACRS depreciation..
The elasticity of demand for a product depends upon the.....- Manufacturers costs- availability of substitutes, -availability of raw materials- amount the manufacturer is willing to produce? WHY?
Discuss how the Fed affects interest rates-the process? In October of 2008, the Fed stepped in as lender of last resort, explain this action.
Elucidate, with the aid of demand and supply curves, the impact of increased crime on the demand for private security services. On your diagram, show the changes in the equillibrium price and quantity.
Which of the following is/are characteristics a monopolistic competitive market? Which of the following is/are not characteristics of oligopoly market? Which of the following is/are possible outcome(s) of Cartels?
Discuss how the accounting for an employer's defined benefit plan differs from accounting for the defined benefit's pension fund itself.
Principles of Economics: Supply and Demand Curves. It is important that you are able to apply demand and supply analysis to events that you experience or read about in your life.
q.assume that we have a expenditure function of the form c 220 0.9timesyp where yp is permanent disposable income.
Government budget going from deficit to surplus and the simultaneous enactment of an investment tax credit.
Converse the latest equilibrium price also quantity to result from these changes.
Elucidate your reasons as to whether oligopolies are bad for society in part a and how it applies to the beer industry in part b. Submit your analysis in a one to three page paper.
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