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What is the economy's current stage in the business cycle?Support your answer with data on the real GDP growth rate, the unemployment rate, and the CPI inflation rate. You may obtain these data from the Bureau of Economic Analysis website (https://www.bea.gov/) and the Bureau of Labor Statistics website (https://www.bls.gov/).
Illustrate what are influence of following changes in policies on private saving and national saving. New policy: Increase in government purchases by $100 and taxes by $80. (MPC=0.7) Estimate amount of changes.
You are the CEO of a Fortune 500 company. You have two objectives: 1. invest $5 million cash on hand short term (overnight to one month); and 2. borrow $100 million for your firm’s working capital needs.
Briefly explain why the three variables are appropriate explanatory variables to predict the consumption of services or why they are related to consumption.
How did the Social Security system influence the size of budget deficit during 1985-2010? How will it influence the deficit during the next two decades? Why or why not?
If CPI was somehow able to monopolize the market what would happen to the price of toothpaste, would it rise or fall? What would happen to the profits CPI makes via their toothpaste division?
If amazon.com's revenue increased after it cut the price of books, dvds, and blu-rays what must be true about the price elasticity of demand for ordering these goods online?
Fully evaluate these regression results, including computation of t-statistics, adjusted R2, and the F-statistic.
In January, root beer and orange soda each cost $1 a bottle. Judith's income is $20. She buys 5 root beers and 15 orange sodas. In February, the price of root beer falls to 50 cents, the price of orange soda increases to $2 and Judith's income remain..
Consider an economy in which the amount of investment is equal to the amount of savings (i.e., the economy is closed to international flows of capital).
The Performance by Patrice (PbP) Company purchased a Centaur Computer controlled manufacturing milling machine for $635,000 for use in its rear end manufacturing operations on November 8, 2007.
Discuss what a manufacturer of each product might do in the short run to increase production. Illustrate how does the long run differ for these products.
Illustrate what is the efficient price of water. Illustrate what are the quantities of water allocated to agricultural also industrial use
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