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1. Share how you think economics impacts you directly.
2. Discuss a real life example of the production possibility curve - this can be for yourself, a business or a country.
3. Discuss a real life example of when demand for a product has changed (increased or decreased). What do you think caused the change?
4. If you were in charge of the Federal Government, list one product that you would place a price floor on and one product that you would place a price ceiling on. Explain your reasoning.
Under what conditions will a country experience constant or increasing cost? Why is that the pre-trade production points have a bearing on a comparative cost under conditions of constant costs?
the research paper will be 6 to 8 pages long double spaced with a minimum of 5 references exclude the text. you should
4.If the Fed buys $1 million of bonds from the First National Bank, but an additional 10% of any deposit is held as excess reserves, what is the total increase in checkable deposits if the required reserve ratio is 10%? (Hint: Start by examining T-ac..
What are the economic benefits of the flu shot? In what ways has the government become involved in the distribution of flu shots? For what reasons?
Critically evaluate the pattern of potentially anti-competitive activities by Microsoft towards its competitors. Do you think that the government should always try to eliminate monopoly power?
Create a list of at least 10 activities that might be surveyed by an organization to evaluate the effectiveness of an existing or upgraded virtual collaboration network.
Suppose there are two demand curves, one is flat (elastic) and the other steep (inelastic). Which one would be the demand for water, the flatter one or steeper one and why?
What can shift the vertical (long-run) aggregate supply to the right? What can shift the vertical (long-run) aggregate supply to the left?
Use the concepts of marginal benefit and marginal cost and total surplus and dead-weight to explain your answer
Explain the major short run and long cost functions for the low-calorie, frozen microwaveable food company given the cost functions below.
Identify the parties potentially affected by the outcome of the ethical dilemma faced by Avis Love. What obligation, if any, did Avis have to each of these parties?
Provide a complete account of how the bank of Canada conducts its monetary policy. Also, describe thoroughly the transmission of Canada's monetary policy - the process by which changes in the bank of Canada policy interest rate and money supply work ..
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