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ECT 246 Entire Course

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ECT 246 Entire Course

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ECON 545 Entire Course + Final Exam

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ECON 545 Week 1 DQ 1 Supply and Demand

ECON 545 Week 1 DQ 2 Elasticity and the Minimum Wage

ECON 545 Week 2 DQ 1 Marginal Analysis

ECON 545 Week 2 DQ 2 Controlling Costs

ECON 545 Week 2 Project Part 1

ECON 545 Week 3 DQ 1 Mergers Acquisitions

ECON 545 Week 3 DQ 2 Anti-Trust Policy and Microsoft

ECON 545 Week 3 Quiz Imperfect Competition

ECON 545 Week 4 DQ 1 Macroeconomic News

ECON 545 Week 4 DQ 2 Healthcare

ECON 545 Week 5 DQ 1 Trade Deficits

ECON 545 Week 5 DQ 2 Exchange Rates

ECON 545 Week 5 Project Part 2

ECON 545 Week 6 DQ 1 Fiscal Policy

ECON 545 Week 6 DQ 2 Monetary Policy

ECON 545 Week 6 Monetary and Fiscal Policy – You Decide

ECON 545 Week 6 Quiz

ECON 545 Week 7 DQ 1 The Public Sector

ECON 545 Week 7 DQ 2 Forecasting

ECON 545 Week 8 Final Exam

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ECET 340 Entire Course / Everything Included

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ECET 340 Full Course (All illabs and all Homework Assignments)

ECET340 Week 1 iLab 1

ECET340 Week 2 iLab 2

ECET340 Week 3 iLab 3

ECET340 Week 4 iLab 4

ECET340 Week 5 iLab 5

ECET340 Week 6 iLab 6

ECET340 Week 7 iLab 7

ECET340 Week 1 HomeWork 1

ECET340 Week 2 HomeWork 2

ECET340 Week 3 HomeWork 3

ECET340 Week 4 HomeWork 4

ECET340 Week 5 HomeWork 5

ECET340 Week 6 HomeWork 6

ECET340 Week 7 HomeWork 7

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CRMJ 415 Course Project

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CRMJ 415 Course Project

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CRMJ 410 Entire Course

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CRMJ 410 Week 1 Assignment

CRMJ 410 Week 2 Assignment Constitutional Limitations, Elements of Crimes

CRMJ 410 Week 3 Assignment

CRMJ 410 Week 3 Quiz

CRMJ 410 Week 4 Assignment

CRMJ 410 Week 5 Assignment

CRMJ 410 Week 6 Quiz

CRMJ 410 Week 7 Assignment

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ECON 545 Week 8 Final Exam

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1. (TCO A) Suppose you are hired to manage a small manufacturing facility that produces Widgets.

(a.) (15 points) You know from data collected on the Widget Market that market demand and market supply have both increased recently. As manager of the facility, what decisions should you make regarding production levels and pricing for your Widget facility?

Remember that supply and demand are about the market supply and market demand, which is bigger than your own company. You are being given data on supply and demand for the whole market and are being asked what effect that has on you as a small part of that market.

(b.) (15 points) Now, suppose that following the supply and demand changes in (a), a substitute good goes up in price, and your costs of production increase. What new decisions will you make regarding production levels and pricing for your Widget facility?

2. (TCO B) Here is some data on the demand for marshmallows:

Price Quantity
$10 100
$ 8 300
$ 6 700
$ 4 1300
$ 2 2200

(a.) (15 points) Is demand elastic or inelastic in the $6-$8 price range? How do you know?

(b.) (15 points) If the table represents the demand faced by a monopoly firm, then what is that firm’s marginal revenue as it increases output from 1300 units to 2200 units? Show all work. (Be careful here!)

3. (TCO C) You have been hired to manage a small manufacturing facility whose cost and production data are given in the table below.
Total Total
Workers   Labor Cost  Output        Revenue
1                     $500     100                 $700
2                     1000     280                1150
3                     1500     440               1440
4                     2000     540               1570
5                     2500    600                1670
6                     3000    630                1710
7                    3500     640               1730

(a.) (6 points) What is the marginal product of the second worker?

(b.) (6 points) What is the marginal revenue product of the fourth worker?

(c.) (6 points) What is the marginal cost of the first worker?

4. (TCO C) Answer the next questions on the basis of the following cost data for a firm in pure competition:

OUTPUT —— TFC ———- TVC
0                   $100.00         0.00
1                   100.00           70.00
2                   100.00           120.00
3                100.00          150.00
4                100.00          200.00
5                100.00           270.00
6                100.00           360.00

(a.) (15 points) Refer to the above data. If the product price is $45 at its optimal output, will the firm realize an economic profit, break even, or incur an economic loss? How much will the profit or loss be? Show all calculations.

(b.) (15 points) Refer to the above data. If the product price is $75 at its optimal output, will the firm realize an economic profit, break even, or incur an economic loss? How much will the profit or loss be? Show all calculations.

5. (TCO D) A software producer has fixed costs of $18,000 per month and her Total Variable Costs (TVC) as a function of output Q are given below:

Q TVC Price
1,000 $15,000 $25
2,000 20,000 24
3,000 30,000 23
4,000 50,000 22
5,000 80,000 20
(a.) (15 points) If software can only be produced in the quantities above, what should be the production level if the producer operates in a monopolistic competitive market where the price of software at each possible quantity is also listed above? Why? (Show all work).

(b.) (15 points) What should be the production level if fixed costs rose to $48,000 per month? Explain

6. (TCO F)

(a.) (20 points) Suppose nominal GDP in 1999 was $200 billion, and in 2001, it was $270 billion. The general price index in 1999 was 100 and in 2001 it was 150. Between 1999 and 2001, the real GDP rose by what percent?

(b.) Use the following scenario to answer questions (b1) and (b2).
In a given year in the United States, the total number of residents is 270 million, the number of residents under the age of 16 is 38 million, the number of institutionalized adults is 15 million, the number of adults who are not looking for work is 17 million, and the number of unemployed is 10 million.

(b1.) (5 points) Refer to the data in the above scenario. What is the size of the labor force in the United States for the given year?

(b2.) (5 points) Refer to the data in the above scenario. What is the unemployment rate in the United States for the given year?

7. (TCO G and H)

(a.) (15 points) Suppose your local Congress representative suggests that the federal government intervenes in the gasoline market to stop runaway price increases. Would you say that this view basically supports the Keynesian or the Monetarist school of thought? Why? What position would the opposing school of thought take on this issue? (Be brief — you can answer this in 2 or 3 brief paragraphs).

(b.) (10 points) Any change in the economy’s total expenditures would be expected to translate into a change in GDP that was larger than the initial change in spending. This phenomenon is known as the multiplier effect. Explain how the multiplier effect works.

(c.) (15 points) You are told that 90 cents out of every extra dollar pumped into the economy goes toward consumption (as opposed to saving). Estimate the GDP impact of a positive change in government spending that equals $20 billion

8. (TCO G)
(a.) (20 points) Third National Bank is fully loaned up with reserves of $20,000 and demand deposits equal to $100,000. The reserve ratio is 20%. Households deposit $5,000 in currency into the bank. How much excess reserves does the bank now have, and what is the maximum amount of new money that can be created in the banking system as a result of this deposit? Show all work.

(b.) (20 points) What is the discount rate in the banking system? Explain how the Fed manipulates this rate to achieve macroeconomic objectives

9. (TCO E and I) Let the exchange rate be defined as the number of dollars per British pound. Assume there is a decrease in U.S. interest rates relative to that of Britain.

(a.) (10 points) Would this event cause the demand for the dollar to increase or decrease relative to the demand for the pound? Why?

(b.) (10 points) Has the dollar appreciated or depreciated in value relative to the pound?

(c.) (10 points) Does this change in the value of the dollar make imports cheaper or more expensive for Americans? Are American exports cheaper or more expensive for importers of U.S. goods in Great Britain? Illustrate by showing the price of a U.S. cell phone in Britain before and after the change in the exchange rate.

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ECET 370 All Ilabs Week 1 – Week 7

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ECET 370 All Ilabs Week 1 – Week 7

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DBM 405 All ilabs Weeks 1-7

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DBM 405 Lab 1: SQL ReviewDBM 405 Lab 2: Simple PL/SQL ApplicationsDBM 405 Lab 3: Procedures and FunctionsDBM 405 Lab 4: PL/SQL PackagesDBM 405 Lab 5: User Defined Database TriggersDBM 405 Lab 6: Reading and Writing to External FilesDBM 405 Lab 7: Study Case
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CRMJ 415 Entire Course

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CRMJ 415 Course Project

CRMJ 415 Week 3 Assignment Critical Thinking Analysis-Gay Bashing

CRMJ 415 Week 5 Assignment Critical Thinking Analysis-Whistleblowers

CRMJ 415 Week 7 Assignment Critical Thinking-Mental Disorder and Social Control

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