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What is the "current macroeconomic situation" (e.g. worrying about inflation and/or recession) in the U.S.? [2] What should the U.S. Congress and the Federal Reserve do about it?
Does the 99 percent confidence interval include the value suggested by the NCAA? Interpret this result. Suppose you decided to switch from a 99 to a 95 percent confidence interval. Without performing any calculations, will the interval increase or..
Describe the opportunity cost of good 1 in terms of good 2. Find out the opportunity cost of good 1 at the point where x1=1.
According to Jeffrey Sachs, Illustrate kinds of development assistance can make a difference in Africa, and what role does he anticipate for the developed world.
Five years ago, to respond to cost-cutting pressure during a weak economy, your company decided to close five sales offices employing five people each. Currently your company employs independent sales agents who earn a 2.5% commission on all sales..
Assume labor's share of GDP is 70% and capital's is 30%, real GDP is growing at a rate of 4 percent a year, the labor force is growing at 2 percent, and the capital stock is growing at 3%.
Consider current budget problem of many states. What is it? Explain. What are the two basic choices for them to get out of financial trouble? Explain the impact of each. Why are some states playing for a federal bailout if needed
Proide that the economy grows is allowed to grow through the banking system and the creation of money through lending.
Describe the need for federal government interventions in these crisis.
In the text we mentioned how Levi Strauss price discriminates between the European and American markets. This question is designed to help you analyze this situation.
Kermit is considering purchasing a new computer system. The purchase price is $100,000. Kermit will borrow one-fourth of the purchase price from a bank at 10 percent per year compounded annually. The loan is to be repaid using equal annual payment..
Suppose you are Chief Economist of the FCC. The Chairman has called you in to discuss a thorny issue. Two wireless broadcasters operate on adjacent frequencies.
Which aspects of the Great Depression are echoed in the ongoing economic crisis that began in 2008.what is different about the two periods.
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