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It has been seven years since the official end of that severe economic downturn. What is the near future of the US economy? Do you see a robust, strong growth or another recession in the near future?
Briefly discuss.
A major employer in a small town announces upcoming major layoffs of employees. What should we expect to happen to the consumption functions of the affected employees.
A firm in a purely competitive industry has a typical cost structure. The normal rate of profit in the economy is 6 percent. This firm is earning $5.50 on every $50 invested by its founders. What is its percentage rate of return? What will be the rat..
Suppose the income elasticity of demand for toys is +2.0. This means that: If the income elasticity of demand for margarine is -5.00, this means that:
Smith Co saw a reduction in quantity of widgets is sold, down to 900 units. What is cross elasticity of demand between two brands of widgets.
Sylvia's annual salary increases from $100,500 to $109,500, and she decides to increase the number of vacations she takes per year from 3 to 4. Calculate her income elasticity of demand for vacations. Normal or Inferior good?
Use the IS-LM model to predict the short-run impact on the interest rate and output if the central bank pushes interest rate down at the same time that both consumption and investment fall due to a financial crisis.
An equipment costing $52,500 is being considered for a production process at Dew Chemicals. The expected benefits per year is $5,000 and estimated salvage value is $9,000. Determine the rate of return the company can get in this equipment proposal. E..
Suppose that the home country is relatively abundant in low-skilled workers and the foreign country is relatively abundant in high skilled workers. What good does the home country have a comparative advantage in producing? Explain.
The FR Bank conducts monetary policy and then finds out that the monetary base MB increased by $500. Then the policy that led to this outcome must be
Discuss the implications of the following changes on the quantities of medical services and all other goods. A movement along the curve
An engineering and construction management firm with a $1M taxable income is opening a branch office. Nearly $250,000 worth of furniture will be depreciated.
C++ program to simulate a binary register that supports shift right and shift left operations. The original value stored in the register
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