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Describe tools the Federal Reserve has used to influence the U.S. economy, and explain their effects.
What can you say about your price elasticity of demand of apples? Is it Elastic, Inelastic, or Unitary Elastic?
Compare and contrast the economic ideas of Mercantilists and Physiocrats.
Write an essay in which you explain what is meant by reductionism and how it appears in microeconomic theory.
Explain how market entry affects the profit level of a competitive firm.
Using the Ten Principles to Analyze a Challenging Economic Issue.
We discussed the significance of unionizing the warehouse workers in the Inland Empire.
a) Compute the price elasticity of demand b) Compute the inflation in 2008 relative to the price of 2007
If the regulatory agency allows a 10 percent rate of return on the rate base, what is the regulated price of electricity, and the utility's annual earnings?
An "international economic community" consisting of four countries has a decision-making council. In the council, each country has one representative.
How are international economic and political risks different and how are the similar or related to each other?
The hotel estimates that the demand from the leisure travelers could fill the whole hotel while the demand from business travelers.
How do "rent ceilings" affect the property owner (supply) and potential tenants (demand)? Which has the greater effect on the overall economy? Why?
Analyzing the advantages and disadvantages of deficit spending and the effects of federal government borrowing on the economy i.e., the "crowding out" effect.
Earlier in the quarter we discussed Southwest Airlines' use of game theory to create new strategy.
I would like to discuss how the world became smaller with the advancement of travel and how faster trade helped grow all economies.
How are the laws of supply and demand illustrated in this graph? Explain your answers. What is the equilibrium price and quantity in this market?
Present and discuss two advantages of international trade and two disadvantages of international trade.
Develop a strategy to initiate and maintain an online community and social network.
Write an illustration of the Production Possibilities model, including a summary of what the model is illustrating and the economic implications for economy.
Over the next 20 years, what are three (3) major growth opportunities for your country?
Pick one of these articles/videos which deals with an economic challenge that interests you.
What is price-wage rigidity? Do you agree with Keynes assessment that wage-price rigidity requires government's involvement in the markets?