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Question about Microeconomics and Macroeconomics
You are asked to address a professional meeting and explain microeconomics, macroeconomics and their differences. Please answer the following questions:
1. What are the main differences between microeconomics and macroeconomics? Provide an example of a microeconomic and macroeconomic phenomenon.
2. Would you give an example of a microeconomic decision you've made at work or home? What factors contributed to making that decision?
3. Would you give an example of how a macroeconomic phenomenon has impacted a personal or business decision of yours? In the end, what was the result of your decision?
Williams and Westrich stock is currently selling for $15.25 per share, and the dividend is expected to continue.
Exp[lain how does banks use Covered interest arbitrage to protect themselves.
It is like the FRB has already tried to stimulate the economy by lowering interest rates
If your payroll (budget) is increased to $120,000, what should you do to maximize the number of customers served?
For this assignment you will write a 500- to 700-word memo evaluating two conflicting consultant reports. Your report should.
Suppose the relationships hold true and given performance below, what salary would you estimate for each player in 2006.
It is given an offer to split, if you accept this offer you keep the $1, and the other player keeps $19.
The Wozniak Corporation, a maker of aircraft engines, determines that in 2008 the demand curve for its product is as follows-What is the price elasticity of demand if price equals $500?
Explain why should you, as a future employe, be concerned about the downward trend in labor productivity increases that have been observed since the early 1970s.
Show the area on the graph that would correspond to consumer's surplus earned by the typical boarder/skier with this payment scheme. Explain your answer briefly.
Suppose you decide to withdraw $100 in currency from your checking account. What is the effect on M1? Ignore any actions the bank might take as a result of the withdrawal.
If I told you that GDP was forecast to rise by a bit more than 3% over the next year, what would that mean to you? What should you be asking about the forecast?
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