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Journal entry questions are related to the application of the key concepts you learn to the real-world economic issues. The questions contain key economic principles and ideas related to the Macroeconomics topics you are learning. Please feel free to express your perspectives and state how the economic principles and ideas affect your economic decision making process. You should note that there is a limit to the number of words for the Journal entry. You can only enter the maximum 400 words.
Journal
Globalization is inevitable and will continue to occur in the years to come. As organizations continue to globalize, cultural differences on ethical issues will continue to arise.
economic scenariothe u.s. is in recession and at last report gdp was shrinking at a rate of 1 per year.the unemployment
Presume Richard has an after-tax income of $500 per week and should spend it all on food or clothing. If food is $5 per pound and clothing is $20 per piece, draw his budget line on a piece of graph paper, where the amount of food is gauged along the ..
1. What would be true of entitlement spending rose to 100 percent and the federal budget was balanced? (Hint: Under a balanced budget, tax revenues equal the sum of discretionary expenditures.) 2.How would entitlement spending be funded if ta..
How did the economies of the Chesapeake region and South Carolina differ?
What is a decision rule? Why do we need it and how is it developed?Define and describe Type 1 and Type 2 errors - which, in your opinion is more egregious?
Determine the price-output combination
What key economic concepts underlie the employ of discount coupons by businesses?
This basic one costs $4,000 for the employee this year, plus $2,500 for the spouse, and $2,500 for any number of children. It also has a family deductible amount of $2,000 before benefits (80% paid; 20% co-insurance) kick in.
Boris budgets $40 week for his morning coffee with milk. He likes it only if it is prepared with 3 parts coffee, 2 part milk U= min{3/2M,C}. Coffee costs $2/oz, milk $1/ oz. (For the questions below, show your work briefly)
1 the file corruption.xls contains country-level data on two variables. one of these is a measure of perceptions of
Analyze the risks involved in the foreign-exchange market and create a list of best practices that almost any organization conducting international business would find valuable.
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