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Discussion 1. What is your marginal rate of consumption (MPC)? If your income increased $1,000 per month until retirement, how much would you're spending on consumption goods increase?
Discussion 2. The aggregate supply-aggregate demand diagram assumes the short-run aggregate supply curve is upward sloping (where more is supplied when prices increase) because output prices increase faster than input prices, such as wages. Do you believe wages adjust at the same rate as output prices? How frequently are your wages adjusted?
Discussion 3. What number do you think is most likely to be the velocity of money?
Discussion 4. Should the Fed have helped bail out big investment banks that were failing during the Great Recession (e.g., Bear Sterns or AIG)?
Assume that labor demand for low-skilled workers in the United States is: w = 24 – 0.1E where E is the number of workers (in millions) and w is the hourly wage. Assume there are currently 120 million domestic U.S. low-skilled workers who supply labor..
1. How does this FDA regulation protect consumers? 2. Why did the company voluntarily change its product name? 3. What effect did this regulation have on the company and on consumers?
Gladys cries each time she hears a song on the radio that she and her ex-boyfriend used to enjoy. Hearing the song brings back memories of the good times they h
Show that each of these has a diminishing MRS but that they exhibit constant, increasing, and decreasing marginal utility, respectively. What do you conclude?
the price to BBB-rated companies rose from 37.5 basis points in 1998 to approximately 129 basis points in 2002. This is a 244% increase in the price or spread. Explain these changes using shifts in demand and/or supply.
What are the ways that IT can help comply with legal requirements and social responsibilities surrounding the sales of alcohol?
On the Keynesian cross diagram, a decrease in government spending (as in tight (contractionary) fiscal policy) will cause
if relatively more drug users are addicts rather than casual users, prohibition will be more effective. Is this statement true or false? Explain. the interest income that could have been earned on money invested in a college education is not relevant..
Why does the marginal cost curve always intersects the average total cost curve and AVC?
Considering the current rules regarding permissible conduct by unions to promote themselves and permissible conduct by employers to fight union encroachment
a. Briefly provide an overview of the background and immediate economic consequences of the March 1985 Plaza Accord.
What possible impact could this event have on global trade? Provide a credible citation. What is President Trump's position on the TPP? Citation?
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