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Writing Assignment Rubric: Balancing the Budget
Top Scores (A-B) - The top scoring students will do the following:
Reasons that support the student's opinion must be logical and fully explained and lend support to the student's opinion
A good without any close substitutes is likely to have relatively _______? demand, because consumers cannot easily switch to a substitute good if the price of the good rises. Price elasticity for a good depends on the share of a consumer's budget sp..
What is the effect of an investment on real assets on the value of the firm and why? How can we evaluate and compare projects with unequal lives? What is the risk on real investments and how can be measured? How important are statistics and computers..
In Project 1 you addressed the problem of selecting specific metrics or measuring sticks that one might want to review and analyze in order to assess the performance of the U.S. macroeconomy.
Petra consumes only two goods, pizza (P) and hamburgers (H) and considers them to be perfect substitutes, as shown by his utility function: U(P, H) = P + 4H. The price of pizza is $3 and the price of hamburgers is $6, and Paul’s monthly income is $30..
Discuss the effects of the change on the value of the currency and the country's balance of payments, using historical and current circumstances.
1. Due to the recession that lowered income, the market price of good X got lower. For good X, we assume that Qd(P) = 100 - P + Y/20, and Qs(P) = 2P - Y/20, where Y is the income, and P is the price of good X. Derive the equilibrium price P* in terms..
consulting project estimation and analysis of demand for fast food meals using the data in table 1 specify a linear
Consider a two-firm oligopoly facing a market inverse demand curve of P = 100 – 2(q1 + q2), where q1 is the output of Firm 1 and q2is the output of Firm 2. Firm 1's marginal cost is constant at $12, while Firm 2's marginal cost is constant at $20. In..
Which of the following is TRUE of the cap-and-trade program in the United States?
Describe both types of crowding out (when the gov't borrows, when the gov't spends) Why is it important to try to determine the size of the fiscal policy multiplier?
In your explanation please interpret the components of the change in consumer surplus, producer surplus and total welfare. In other words what do these parts represent?
How much profit will the airline earn if it sets the price of each ticket at $600? Why?
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