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Develop long-run strategies to increase firm value. Predict how your own actions will influence other people's actions.
Analyze how monetary policy could influence the long-run behavior of price levels, inflation rates, costs, and other real or nominal variables.
What makes for a "high impact" salesforce today? Why is a high impact salesforce so important for a business?
What do you need to know about borrowing? How do interest rates affect borrowers? Is it better to buy or rent a house? How do people save for retire
Explain why the supply curve for foreign currency is vertical. Let's say you return from a trip to Mexico with 1,000 pesos.
What quantities of cars and beer does Germany produce? What quantities does Japan produce?
In what product should each nation specialize? Explain why the terms of trade of 1 mango = 3 cans of sardines would be acceptable to both nations.
Is a trade deficit a sign of economic weakness? Why or why not? Which nations are the three largest trading partners of the United States?
What would happen to the standard of living in the United States if all foreign trade were eliminated?
How does international trade help the economy? What are the effects of tariffs? Why do exchange rates matter? Why do exchange rates rise and fall?
Discuss what kind of fiscal policy would you recommend? Illustrate the impact of your recommendation in a fully labeled aggregate demand-aggregate supply graph.
With more job training and more scholarships to poor American students, which special factor of production is likely to grow faster than in the past?
Which factor of production earns the highest percentage of total U.S. income? What is the income earned by this factor of production called?
Define the factor of production called capital. Distinguish between the factor of production capital and financial capital.
How do you think the personal distribution of income would change if all graduates could obtain a well-paying job that uses their knowledge gained in college?
State some of the tradeoffs that Boeing faces in making the Dreamliner. Why might Boeing's decisions in making the Dreamliner be in the social interest?
Describe the changes in what, how, and for whom telecommunication services are produced in the global economy.
Which of the entries in List 1 are capital goods? Explain your choice. Which of the entries in List 1 are factors of production? Explain your choice.
Explain how the distribution of personal income in China can be getting more unequal even though the poorest 20 percent are getting richer.
On a graph of the circular flow model, indicate in which real or money flow each entry in List 2 belongs.
Poor India makes millionaires at fastest pace India, with world's largest population of poor people. How is personal distribution of income in India changing?
Describe how the opportunity cost of controlling malaria changes as more resources are used to reduce the number of malaria cases.
Representatives Waxman of California and Markey of Massachusetts proposed a law. Why would the Waxman-Markey law achieve production efficiency?
If it can, is this output efficient, do the people of Foodland face a tradeoff, and what is the opportunity cost of producing an additional pizza?
What factors shift the supply of loanable funds? What factors shift the demand for loanable funds? How do we apply the loanable funds market model?