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Describe stagflation as opposed to inflation? Does it refer to the presence or absence of economic growth? What, in turn, determines how strong growth will be?
Why was the inflation at the end of the Golden Age so disruptive? Do you think that even without the two oil shocks it would have become so powerful a force?
What do you think is different about today's economic situation and that described in this chapter?
If postwar demand was so important in getting the boom going, why isn't there a similar kind of pressure after every period of hard times?
The concepts of equilibrium and elasticity are used to explain the sensitivity of quantity supplied and quantity demanded to changes in economic variables.
For this problem use the Herfindahl Index to compute market concentration:
Describe the characteristics of the specific community, how community participants benefit from interactions, and why participants are motivated to join.
Describe the firm, include such information as its: products or services-annual sales, and
Go to the internet and find a news article published within the last three months that discusses macroeconomic effects of exchange rates.
Using Microsoft Excel, draw a graph illustrating the supply and demand in this market. What is the equilibrium Price and Quantity in the market?
Types of products or services of your company, and identify two (2) key factors in the organization's external environment that can affect its success.
Applications of Surplus, Deadweight Loss, Size of Deadweight loss and Tax Revenue as the Tax Size changes.
Your manager is trying to determine what forecasting method to use Based upon the following historical data calculate the following forecast.
Calculate the MAO for each alpha value. Initialize the computations using the naive method.
What would be the best decision based on the maximax criterion? What would be the best decision based on the maximin criterion?
What is the economic order quantity? Determine the total annual cost using the EOQ.
To save on gasoline expenses, Edith and Mathew agreed to carpool together for traveling to and from work.
Was the advertising campaign effective? Did additional consumers convert as a result of the ad campaign?
Tracy, one of your friends, is in the early stages of conducting a feasibility analysis for a small business consulting company.
This recall ignited a great deal of controversy over the efficacy of operational practices that allowed the recall to become an issue.
Has war always been a propulsive force for economies? How about World War I? How about winners versus losers?
Can we draw any conclusions regarding the limits of the public sector from the European experience? Do you think the same limits would apply to the US?
Why is it so difficult to create a single currency for the Common Market when we have no such problem with the 50 American states?
What would invalidate the idea that government spending is a proper and useful policy for a capitalist economy? What would validate it?
Can wasteful spending also be stimulative? Do the same considerations- and the same responses-apply to corporate spending? How does one measure waste?