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Discussion Question- "The 80s and Deregulation"
Please respond to the following: (Note: Please respond to one of the following two bulleted items in a primary posting of at least 125 words.
1) Discuss two areas of the United States economy that Ronald Reagan deregulated in the eighties. Explain at least two methods the Reagan Administration used to deregulate these particular agencies or programs. Explain the fundamental reasons why you believe that these agencies or programs came under Reagan's scrutiny in the first place. Provide a rationale for your response.
2) Discuss at least two areas in which these deregulation policies impacted the U.S. economy overall and may have had roles in laying the foundation for the Great Recession of 2008. Provide a rationale for your response.
1. why do virtually all societies create something to function as money?2. how did the combination of increased holding
Assume at present, firms in perfectly competitive market are receivings negative economic profits (losses). Describe the process by which this industry will reach long-run equilibrium.
Suppose a firm has a constant marginal cost of 10$. The current price of the product is 25$, and at that price it is estimates that the price elasticity of demand is -3.0
If your firm raises prices on a product that has elastic demand, how will this affect revenue? Give three examples of products that have inelastic demand. Give three examples that have elastic demand.
The treasurer of a U.S. firm noted that although short run deposits in Swiss bank accounts had earned the company only a 3% annualized return when measured in Swiss francs, in dollars the company had realized a 12% rate of return.
Why are economists concerned about inflation? If the prices of all goods and services rose, but the quantity produced remained unchanged, what would happen to nominal and real GDP?
Illustrate what would happen to the demand for iPhones if consumer income rises by 10%. Be specific. Are iPhones a normal or an inferior good.
Explain how much control might an organization have over pricing based on a product's elasticity
Plot. U.K. real Output over the 42-Year peroid Put real output on the vertical axis of the graph and the year on the horizontal axis and Estimate potential output by drawing a smooth trend line through the points on the graph. identify any shifts i..
Shirley loves peanut butter and jelly sandwiches. However she must have the proportions of peanut butter to jelly exactly right and she always uses 3 tablespoons of peanut butter and 2 tablespoons of jelly when making her sandwiches.
explain in detail about gdpinflationunemployment and cpi with graphs respectly and the problems associated with
So many states provide firms with an investment tax credit that effectively reduces the price of capital.
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