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Assignment:
Please read Output, Exchange Rates, and Macroeconomic Policies in the Short Run in your textbook. Type up your answers to the following questions:
Select a California publicly held Corporation to use as the basis for this. Use the Internet to acquire a copy of your selected firm's most recent financial statements.
What are the market inefficiencies the price controls measures such as price ceilings and price floors create? Why do price ceilings and price floors lead to productive and allocative (marketing) inefficiency?
With an expanded strategic analysis of your organization it is time to turn to your workers and understand their views.
Why do long-run elasticities of demand differ from short-run elasticities. Consider two goods: paper towels and televisions. Which is a durable good.
Suppose the real GDP of a country increased from 2,000 billion to 2,100 billion in one year. In the same year, population growth rate was 3%. How much was the growth rate of real GDP per capita in that year?
What is the labor force participation rate and what was the labor force participation rate in 2008? How has it changed since 2008 and what does this change imply for the state of the economy
assuming that the expectations theory is the correct theory of the term structure calculate the interest rates in the
1. To illustrate the problem of unsustainable investment, Woods cites the example from Mises of the bridge builder that runs out of material before reaching the other side of a river.
Suppose that the price of good 2 relative to that of good 1 is 2. Determine graphically the wage rate and the allocation of labor between the two sectors.
In the News: Based on your reading, think of ways in which the Government is actively involved with the purpose of changing the economy.
Why might a parent company like McDonalds or Hilton choose to franchise its local outlets rather than own them and staff them with employees In many smaller cities all McDonald's outlets are owned by the same franchisee. Why is (or isn't) this fac..
1. The marginal revenue curve for a perfectly competitive firm is ___________.
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