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In our session this module week we've been discussing the differences between micro and macroeconomics. Hopefully, you've learned a lot from our deep dive into the Circular Flow Model. Let's put what we're learning to the test! In this assignment, prepare a short essay that distinguishes the role of firms in our macroeconomy.
In your essay, identify the following:
Question 1: Choose a real-life example of an oligopolistic market structure in the U.S.
Question 2: Identify how your firm has been impacted by our macroeconomy.
Question 3: Determine if your firm was dependent on the federal government for a bailout and/or restructuring.
Question 4: Describe the factors your chosen firm has taken to avoid market failure at a macro-level.
Question 5: Examine how your chosen firm affects our macroeconomy with regard to economic output.
Plot the wage- setting and price setting equation or a property labelled graph and identity the nature rate of unemployment.
The federal government, in an effort to stimulate the economy also decreases taxes on all individuals except those earning over $250,000 per year.
What specifically do "living wage" ordinances call for? How is the "living wage" different from the "minimum wage?" Who is helped, who is hurt by a living wage requirement? What underlying data is used to justify a living wage requirement?
Explain the significance of payroll withholding statement, accelerated depreciation, investment tax credit, alternative minimum tax, capital gains, flat tax.
Assuming that a production process uses the best available technology, it is said to be technically efficient and the production function will then indicate the maximum physical output. What use can you personally make from this relationship
in july 1994 a french newspaper le quotidien suspended the publication. in order to promote their income in the face of
discuss why this might happen. Suppose that labor and management agree to adjust wages continuously for any changes in the price level. How would such adjustments affect the slope of the aggregate supply curve
Write an essay to explain in details macroeconomics balance as a basic concept of modern economics.
What would that government buy? What would it sell? What would happen to its foreign-currency reserves?
When you buy a set of speakers, Best Buy asks if you would like to purchase insurance for your speakers. Assume that paying for new speakers for customers who listen to music at a reasonable level (thus minimizing damage) costs, on average, $150, ..
Using the 'standard' Taylor rule with Inflation PCE (not the core), and using end of 2011 data (2011-10-01) what is the federal funds rate implied by the 'standard' Taylor Rule?
1) Discuss the importance of the market for loanable funds and the market for foreign-currency exchange to the achievement of the strategic plan.
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