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Discuss three economic policies you might advise the President to pursue in order for his country to achieve this increased standard of living.
Make a logical prediction about prices of corn in the economy, and explain what principle of economics is illustrated in this scenario.
Determine the potential effects of inflation when evaluating an engineering project or system.
You need to write a review of the relevant literature introduction summary discuss how the government debt in Canada impact to global financial crisis.
Income inequality in the US. Is it a problem and what can be done if so?
Do you agree or disagree that sweatshops are a vital part of the global economy? Explain and consider the impact of globalization in your response.
Using the data presented, in the short run, how many workers would you recommend Sullivan's hire per day to maximize profits?
Why do price ceilings reduce economic surplus? Why do economists emphasize efficiency as an important goal of public policy?
A monopoly will look to find where its marginal cost would equal marginal revenue. How do average total costs figure into the profit equation for a monopoly?
Explain why demand is more elastic in the long run than in the short run. Explain how a demand curve can be derived using utility theory.
What two policies could you use to reduce the total amount of emissions? Why do you think they each would work?
What is the output level that each of the firms agrees to? What profit is earned by each firm and by the three firms together?
Derive and graph the inverse supply and inverse demand curves. Solve for the equilibrium price and quantity sold in the market for Diet Coke.
List and discuss the reasons why Southwest's and Value Line's cultures differ so sharply. Could Value Line's next CEO copy Southwest's culture?
What aspect of the value chain are they measuring? How do these measures tie to specific strategies in your business unit?
Identify type of merger activity in your industry or one with which you are familiar horizontal, vertical or conglomerate and explain why you made that choice.
Explain why the aggregate demand curve slopes down. How is the U.S. national economy different from those of other nations?
Compute the value of the Keynesian tax multiplier. Give the amount of the change in the equilibrium level of Real GDP due to a $6 increase in lump-sum taxes.
What is the value of the average propensity to save at $400 real GDP? What is the value of the marginal propensity to consume?
How large is the annual mortgage payment? How much interest has been paid on the mortgage?
Explain the changes in the supply and demand creating a supply and demand curve based on the above information
Why does the consumer price index exaggerate the inflation rate? Discuss the limitations of national income accounting.
Give examples on how the definition of unemployment rate overstates or understates the number of jobless people in the economy.
Find an example of the current spending/proposals by the govt and discuss whether this is complete or partial crowding out.
In what ways can fiscal policy affect aggregate supply? How do automatic stabilizers differ from discretionary fiscal policy tools?