Push up the Real GDP

Suppose that Congress enacts a significant tax cut with the exception that this action will stimulate an aggreagate deamnd and push up the real GDP in the short run. In fact, however, neither real antional income nor the price level changes significantly following the tax cut. What might account for this outcome?

Trade Deficit

I need help on just getting started with each question as to which angle to take and what resources to use. 1. What has caused the U.S. run a merchandise trade deficit year after year since the early 1980s? 2. Is the current account a deficit problem? Explain. 3. Is the trend of the international investment position of the U.S. problematic? Why or why not? 4. How is the current account related to a country's business cycle? 5. What is the relationship between a country's net financial inflow and its current account? 6. How does the U.S make adjustments for the balance of payment issues?

Demand Curve and Total Cost Curve - Find Profit Maximizing ...

Please study these, you will see them again. 1. Question 1 - 4 using the information presented in question 1. A monopoly faces the following demand curve and total cost curve: Q = 2400 -100P TC = 150,000 + 6Q. Find the profit maximizing level of price a. P = $15 b. P = $16 c. P = $17 d. P = 19 2. Find the profit maximizing output: a. Q = 100 units b. Q = 900 units c. Q = 1000 units d. Q = 90 units e. cannot be derived 3. The total cost (TC) of the monopolist corresponding to the profit maximizing level of output is: a. $150,000 b. $206,000 c. $155,400 d. impossible to determine with the given information ... click for more

Economics problems- 35 Multiple choice questions on economics

Please see the attached file for full problem description. --- 1. In the long run, a firm is said to be experiencing increasing returns to scale if a 10 percent increase in inputs results in : A. an increase in output from 100 to 120. B. a decrease in output from 100 to 90. C. an increase in output from 100 to 105. D. a decrease in output from 100 to 85. 2. MC increases because a. MC naturally increases as firm nears capacity. b. labor is paid overtime wages when volume increases. c. in the short run, MC always increases. d. the law of diminishing returns takes effect. 3. Which of the following relationships h... click for more

Strategic IT -- IT assest/project management

[Like any asset IT is a resource to be managed. The resource has a cost and must deliver an adequate return/ROI. Projects must also be delivered on time and within reasonable budgets variances. Please develop a guideline that ensures: (1) IT spending and investment will be alighned with corporate objectives (2) The risk of bad IT implementation outcomes are mitigated] Ideas/suggestions: Please discuss in general the appropriate metrics that one may need to track. Also discuss how investing in IT with an eyes towards the replacement/automation of another project/issue or task may work (e.g., if Company Z invests in technolgies, A-C it may be able to shut down more antiquated syste... click for more