Macroeconomics Discussion Questions
In 1981, when regulations were holding the price of natural gas below its free-market level, then-congressman jack kemp of New York said the following in an interview with the New York Times "We need to decontrol natural gas, and get production of natural gas up to a higher level so we can bring down the price" Evaluate the congressman's statement.

Agood for which demand increases as income rises is and a good for which demand increases as income falls is

Imagine you own an established startup with growing profits. you are looking for funding to greatly expand company operations. what method of financing would be best for you?

Ardmore farm and seed has an inventory dilemma. they have been selling a brand of very popular insect spray for the past year. they have never really analyzed the costs incurred from ordering and holding the inventory and currently fave a large stock of the insecticide in the warehouse. they estimate that it costs $25 to place an order, and it costs $0.25 per gallon to hold the spray. the annual requirements total 80,000 gallons for a 365 day year.a. assuming that 10,000 gallons are ordered each time an order is placed, estimate the annual inventory costs.b. calculate the eoq.c. given the eoq calculated in part b., how many orders should be placed and what is the average inventory balance? d. if it takes seven days to receive an order from suppliers, at what inventory level should ardmore place another order?