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This a discussion question for macro. I am having a difficult time understanding how to reply to it:
Government data that computes averages, such as the consumer price index, are applicable to everyone. For example, the inflation rate since this time last year is reported to be 1.7%. Therefore, elderly individuals who complain about the increasing cost of their medications have no real complaint. Discuss.
Starting with the estimated demand function for Chevrolets given in problem suppose the average value of the independent variables
Which fiscal balance is likely to be influenced and Explain how by treating human capital investments the same as physical capital investments.
Elucidate what prices he should charge in two markets. Illustrate quantities be should sell in the two markets.
Consider a couple's decision about how many children to have.Assume that over a lifetime a couple has 200000 hours of time either work or raise children.The wage is RM10 per hour.Raising a child takes 20000 hours of time.
Illustrate what should the Fed do if it wants to stabilize aggregate demand.
A recording company obtains the following information about the demand and production costs of its new.
Illustrate the effect of capital formatin by comparing the production possibility curves, at the present time and ten years in the future, for two economies, one with a high and the other with a low rate of capital formation.
The income tax is unfair to those who work hard to earn their incomes is an example of positive economic analysis.
Interior Department recently announced that it will increase the entrance fees at Yellowstone National Park in order to increase park revenues.
Elucidate the aggregate expenditure function graphically, labeling your graph with the appropriate numerical values.
Explain is it irrational for an individual to take the time to be completely rational in economic decision making.
Illustrate what is the relationship among a firm's total income, profit also total cost?
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