Questions from Managerial Economics

Q: Go to the St. Louis Federal Reserve FRED database, and

Go to the St. Louis Federal Reserve FRED database, and find data on the unemployment rate (UNRATE) and a measure of the price level, the personal consumption expenditure price index (PCECTPI). For bot...

Q: Use the information given in the following table to answer the following

Use the information given in the following table to answer the following questions. Assume the business cycle is entirely determined by changes in real GDP. a) Identify the peak and trough during this...

Q: Refer to the data provided in Problem 4 to answer the following

Refer to the data provided in Problem 4 to answer the following questions. a) Plot real GDP and the stock prices index on the same graph. b) Plot the unemployment and inflation rates on the same graph...

Q: Consider the following variables: real GDP, consumer spending, investment

Consider the following variables: real GDP, consumer spending, investment, unemployment, inflation, stock prices, interest rates, and credit spreads. Classify each as pro cyclical, countercyclical, or...

Q: Using Table 8.1 (NBER business cycles), identify the

Using Table 8.1 (NBER business cycles), identify the longest and shortest expansion and contraction in the United States from Table 8.1:

Q: Discuss the following statement: “When Keynes stated that ’in the

Discuss the following statement: “When Keynes stated that ’in the long run, we are all dead’ he meant that we should focus only on the short run and not pay attention to any

Q: For each of the following products, state whether they are sold

For each of the following products, state whether they are sold in a perfectly competitive market or in a monopolistically competitive market: a) Dairy products (e.g., milk, cheese, etc.) b) Cars

Q: Assume the following estimates: Autonomous consumption: $1,625

Assume the following estimates: Autonomous consumption: $1,625 billion Disposable income: $11,500 billion Using the consumption function in Equation 2, calculate consumption expenditure if an increa...

Q: Calculate consumption expenditure using the consumption function (as described by Equation

Calculate consumption expenditure using the consumption function (as described by Equation 2) and the following estimates: Autonomous consumption: ……………….………. $1,450 billion Income: ……………………………………….…...

Q: Suppose that Dell Corporation has 20,000 computers in its warehouses

Suppose that Dell Corporation has 20,000 computers in its warehouses on December 31, 2016, ready to be shipped to merchants (each computer is valued at $500). By December 31, 2017, Dell Corporation ha...