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Assignment:
Suppose that the residents of Vegopia spend all of their income on cauliflower, broccoli, and carrots. In 2014 they buy 100 heads of cauliflower for $200, 50 bunches of broccoli for $75, and 500 carrots for $50. In 2015 they buy 75 heads of cauliflower for $225, 80 bunches of broccoli for $120, and 500 carrots for $100. If the base year is 2014, what is the CPI in both years? What is the inflation rate in 2015?
Calculate the ratio of annual Federal government current tax receipts to that of U.S. GDP for 1960-2015. Has this ratio increased or decreased over time?
You operate a carpeting and home textile manufacturing business: Red Carpet Thready Co. Answer the following questions about your firm's operations.
Based on the Theory of Consumer Behavior discussed in Chapter Eight, why would consumers start buying iPads in larger numbers instead of larger computers as they did in past decades?
1. you have been working with each environment individually now its time to integrate and synthesize.2. perform
Suppose the monopolist can distinguish the two consumers and is also able to offer them fixed-quantity packages, so that they cannot continuously choose any amount they want. What packages will the monopolist offer to the two consumers (state quan..
What are the dysfunctional characteristics of the FIS project team? Is poor group development process a consequence of dysfunctional characteristics?
Many online subscription services have automatic renewal policies. Why is this default rule a savvy business strategy on the part of the online company?
What does Marx mean when he uses the term “mode of production”? How is the mode of production related to the forces of production and the relations of production? (Be sure to carefully define ‘forces of production’ and ‘relations of production’ in yo..
How do you choose between log-linear model and log-log model? How about linear log-linear? And how about linear-log and log-log? Why? How do you interpret coefficients of a A) log-Linear B) log-log c) linear-log model?
Can you tell which adviser was a better selector of individual stocks (aside from the issue of general movements in the market)? If the T-bill rate were 6% and the market return during the period were 14% which adviser would be the superior stock..
Explain the meaning of monetary neutrality and illustrate graphically that there is monetary neutrality in the long run in the aggregate demand–aggregate supply model. Be sure to label:
Using the cigconsump dataset, generate a list of the stated correspondent to the far western states: Washington, Oregon. California Nevada, Utah Idaho.
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