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Macroeconomics Discussion
Analyze the unemployment rate in your local area from reviewing the website(www.bls.gov) and compare this rate to the national unemployment rate. Also discuss what challenges an economy will face if the unemployment rate starts to increase? (Chapter 8), and what could be implications of a decreasing unemployment rate on inflation?
Suppose the government spends more on building new infrastructure. Assume that the new infrastructure projects are useful and make the economy more efficient. What is the effect on the long-run level of output and the price level? Concentrate on the ..
Florida Citrus Mutual, an agricultural cooperative association for citrus growers in Florida, needs to predict what will happen to price and output of Florida oranges under situations below.
What is the internal rate of return to this investment? Would this be a good investment for someone with a discount rate of 6%? What is the highest discount rate a person could have and still find this investment attractive?
The inverse demand curve for widgets is P = 130-2Q. There are two firms, A and B, who produce wid- gets. Each firm has a constant marginal and average cost of producing the good that equals 10. Firms compete in quantities and they make their quant..
Analysis of Monetary Policy - How supply of money influences interest rates and Give factors that have an influence - there are three of them.
What is the marginal propensity to consume in this economy? What is the multiplier in this economy? What is the equilibrium level of GDP in this economy?
The cost of capturing and storing all CO2 produced by coal-fired electricity generating plants during the next 200 years has been estimated to be $1.8 trillion. At an interest rate of 10% per year compounded monthly, what is the equivalent annual wor..
Which economic systems would be most suitable for a country: centrally planned, mixed economy, or market economy? Since Canada is the #1 trading partner with the USA, focus specifically on Canada.
Vera is an impoverished graduate student who as only $100 a month to spend on food-Explain why Vera's preferences are of a very special type here. How would you graph them?
Does it make sense for a restaurant to offer early-bird specials and senior citizen discounts? Explain your answers in terms of the economic concepts of marginal revenue and marginal cost, as applicable.
The following data(stored in the file Wholefoods1)compared the prices of some kitchen staples at the new Whole Foods market and at the Fairway supermarket located about 15 blocks from Time-Warner building.
Suppose the government is concerned that the going wage rate of $6 per hour for low skilled workers is too low.
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