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When does a recession begin and when does it end?
The dating of a business cycle is done by the Business Cycle Dating Committee of the National Bureau of Economic Research (NBER). Go to NBER's web site and read the Nov. 26, 2001 memo as well as the set of FAQs. Summarize in your own words the economic indicators that the committee tracks to be able to determine the beginning and the end of a recession. Now, go to the Federal Reserve Bank of Dallas site. Click on the tab Economic Data and then click on U.S. Economic data and finally on National Income and Product accounts to retrieve the most recent data on U.S. GDP. In view of the data from 2007 to the most recent data of 2009, will you argue that the recession has ended? You can consult other data on the Dallas FRB site as well as other memos and announcement on the NBER site.
Suppose that American households change their tastes such that they want to save more at every level of income.
Which of these would cause the demand curve for bison (American buffalo)
Explain carefully in terms of production theory why it might be that no amount of "cracking down" can increase worker productivity at CF&D.
Illustrate elastic or inelastic. Make confirm you continue to use the correct terms when considering changes in price
Differentiate the structural change and managerial opposition hypothesis as they relate to the decline in unionism. Determine which view do you think is more convincing?
A United State corporation CTM borrows $1,500,000 at LIBOR + 125bp p.a. on a 6M rollover basis from a London bank. If 6M LIBOR is 4 1/2%
Assume whether you believe the organization will expand or contract as well as address the price elasticity of demand and competitors.
Suppose that market for tradable emissions permits by power plants has been operating efficiently for several years. An engineering company then invents a lower cost device for pollution abatement.
True/False: For each of the following concepts, decide whether it's true or false, and briefly explain why (2-3 sentences). You can also use diagrams if they are helpful. Each correct answer is worth.
Illustrate how critical issues such as process formation, communication, communication channels and personal values may affect a team's structure and success.
Describe various goods you either buy or sell at your workplace that are price elastic.
Expalin how can inflation derail the economy from its growth path.
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