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1.What part does consumer confidence play in GDP? Research the term "animal spirits" and how it applies to business confidence. Can you give an example of consumer confidence in your life? 2.What part does the government play in economic growth? How does government spending affect aggregate demand? Can government spending help bring us out of a recession? What may be some of the side-effects of massive government spending?
The marketing manager generally prices books at $35 each, and sales an average of 4,000 per month. Last month, she had a sale and priced volumes at $22.50 each, selling 8,500 copies. Calculate the price elasticity for these books.
Customers arrive at a movie theatre at the advertised movie time only to find that they have to sit through several previews and pre preview ads before the movie starts. Many complain that the time devoted to previews is also long (The Wall Street Jo..
there are 20000 people in a population. the government is considering a project which will cost 1000000 annually to add
For what values of λ and y will signaling occur (a separating equilibrium)? For what values of λ and y will signaling not occur (a pooling equilibrium)? Briefly explain.
make a list of products and services which are least satisfactory and have shown the least improvement over time. how
Many retailers offer warranties on the goods they sell, whether they be electronic products, house ware predicts or cars. What type of problems resulting from information asymmetries between buyers and sellers motivate retailers to offer warranties? ..
What are the two firms' best response functions? Show you calculations and what will be the market price, the market output, the output of each firm and the firms' profits?
maria lives 2 periods. in period 1 she is a student in philosophy. her income is 0 and she does not pay taxes. in
A corporate jet costs $1,350,000 and will incur $200,000 per year in fixed costs (maintenance, licenses, insurance, and hangar rental) and $277 per hour in variable costs (fuel, pilot expense, etc.).
If the price of processor chips used in manufacturing personalcomputers decrease, what will happen in the market for personal computers How will the equilibrium price and equilibrium quantity of personal computers change
General Electric has frequently placed managers together to work on teams. Often the work project is only for a short period of time.
Who has the absolute advantage at cloth production? Explain - who has the absolute advantage at bread production? Explain. dl Whom has the comnarative advantage at cloth production? Explain.
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