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Question - Find an article that discusses in depth the state of the current U.S. economy or how much the U.S. economy is growing. Discuss GDP growth, unemployment or U.S. exports.
You must use either: New York Times Business section, Washington Post Business section, Los Angeles Times Business, Wall Street Journal or the Financial Times only.
Address the following:
1. Explain the situation in detail. Explain why it's occurring.
2. What's the future look like?
3. Give the source for your article.
Suppose that a consumer has a choice between two goods, X and Y. If the price of X is $2 and the price of Y is $3, how much of X and Y does the consumer purchase, given and income of $17? Use the following information about marginal utility?
Illustrate what will happen in the short run and long run to the world real GDP and the price level. Moreover, describe what policymakers could do after this has happened.
Explain how a reduction in each of the following variables affects the aggregate price level (P): (a) the expected price level; (b) employment; (c) the markup; and (d) unemployment benefits.
Macrosoft, a profit maximizing software provider, has a fully enforceable patent on word processing software. They can produce software with no fixed costs and with a constant MC of $20 / software package. The market for word processing software i..
write a paper explaining my assessment of the current aggregate demand and aggregate suppy curves; my prediction and prescription for the near future.
Suppose that a country's money supply is $1,200 million and its domestic credit is equal to $800 million in the year 2005. The country maintains a fixed.
Now suppose the same game is played with the exception that Player A moves first and Player B moves second. Using the backward induction method discussed in the online class notes, what will be the outcome of the game
What are the gains and losses of international trade? What happens when tariffs are imposed, in terms of the importing and exporting countries?
Consider a market that is served by a single producer. This market has significant barriers to entry so the single producer has market power and is not likely to face any competition due to these barriers of entry. You are given the following informa..
The cenima manager observes that the increase in price causes attendance at a given movie to fall from 300 persons to 200 persons.
A new toy store opens. What happens to the price and quantity of toys and A new machine is invented to produce toys faster. What happens to the price and Quantity of toys?
suppose you have estimated the supply curve for the local labor market as qs w - 5 where w is the hourly wage and qs
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