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Question 1: The utility theory and its assumptions. What you discuss is up to you, your answer needs to look at what utility theory and it's assumptions are and how they assist or relate to transportation.
Identify specific examples of prominent computer hardware and software technological advances in the industry. What is the effect of new technology on firms in the industry in the short run What is the effect of new technology on firms in the industr..
What are two alternative approach that Washington, DC, could use to solve this situation (two pricing approaches). Explain and show on the graph.
Market Demand and Elasticities - Consider the demand for an a Cadillac Escalade. What is the equilibrium price and quantity for the Escalade
Explain what happens if the government does not provide appropriate regulation. Determine the costs on society of government regulation.
as an employee of the world bank you have been asked to research one economic concern in a south american country and
The fear of unwanted price wars may explain why many firms are reluctant and suppose that a new machine tool having a useful life of only one year costs $80,000. Exam: 050474RR - MACROECONOMIC MODELS AND FISCAL POLICY
Consider this continuous-variable optimization problem: minimizef(x1,x2) = x21 + x22. Now suppose we start with a "guess" solution asx1=5,x2=5.
Analyze how fiscal policy affects interest rates and aggregate demand. Evaluate why policymakers face a short-run trade-off between inflation and unemployment. Evaluate why the inflation-unemployment trade-off disappears in the long run.
Utilizing such areas as manufacturing and information technology or any related industry / areas that have had high job growth rates explain a scenario that would cause a shift in labor supply and demand.
To what extent do you think the demand side policies to achieve full employment might conflict with the BOP and environmental concerns?
Imagine that you have a fixed 30-year interest rate for your mortgage, and the economy has experienced unanticipated inflation. Examine who the winner and loser would be. Is it the borrower or the lender in the given scenario? Provide support for ..
a) Calculate the short-run equilibrium output and the output gap.
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