Which of the following questions would a macroeconomist most likely try to answer?
A. What stage of the business cycle is our economy currently in?
B. Why do Broadway musicals and airlines have different price discrimination strategies?
C. How much would marijuana consumption change if the market became legal?
D. Should the 5-Hour Energy firm increase its distribution from national to international?
A. What stage of the business cycle is our economy currently in?
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Suppose the target exchange rate set by the Fed is 150 yen per dollar. If the demand for dollars permanently decreases, then the Fed
A) can permanently meet the target by selling dollars. B) can permanently meet the target by buying dollars. C) must violate both interest rate parity and purchasing power parity to permanently meet the target. D) cannot permanently maintain the target rate.
According to the saving and investment equation, if net foreign investment falls by $35 million
A) national saving in excess of domestic investment will rise by $35 million. B) national savings will rise by $35 million. C) domestic investment will fall by $35 million. D) national saving in excess of domestic investment will decrease by $35 million.
A firm sells 300,000 units per week. It charges $ 35 per unit, the average variable costs are $40, and the average costs are $55 . In the long run, the firm should
a. Shut-down as the firm is making a loss of $15 million per week b. Shut-down as the firm cannot cover the variable costs c. Shut down because the price is lower than average cost d. None of the above
The idea behind clustering is that each part of a network is ___________ productive operating in isolation, so if governments can push each element of the cluster in unison, they should realize ___________ in productivity.
A. far more; huge gains B. far less; huge losses C. far less; huge gains D. far more; huge losses