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Problem
The essay should apply economic techniques and/or principles to analyse an environmental issue or policy. Choose one topic and write a 2,500-word essay on it. The proposal should be one page long and explain what the issue or policy is and the approach you expect to take in analysing it. Include three relevant references in the proposal.
Suppose, that instead of holding prices fixed as we did in this problem, that prices were perfectly flexible, as in a classical world. Discuss, do not show, how your graphs would be different. Also, comment on what would happen to the government m..
Suppose that workers and firms could always predict next year\'s price level with perfect accuracy.
A change in demand issues movement along shift of the demand curve. A change in quantity demanded causes a movement along shift of the demand curve
The socialist economy of Soviet Union can be looked at as one huge enterprise. Describe the main organizational task to run this or any enterprise. What are the similarities with and differences to a "normal" enterprise in a market economy
What are detention and correctional facilities? How are they different? What is parole? Who makes the decisions about parole? Describe a typical inmate in a prison in the United States. What are the benefits of the probation system?
Assume Springfield's economy moves into a recession and Y falls to $9 and increasing unemployment allows widget makers to decrease wages to $18 per hour.
How good, or bad, a job has the federal reserve bank done over the last two years? Why? What could it or should it have done differently? Why? Please provide references to support your position.
AP. "The rise, and potential fall, of America's banks." MSNBC. Feb. 8,2009. (1) The governmenthas a plan to keep U.S. banks from collapsing. What do analysts expect theplan to include (2) How did we getinto this mess? Describe what happened
Describe three (3) ways we can use macroeconomic analysis, with one (1) original example for each way. You are running a small yard maintenance business for the summer.
The MorTex organization assembles garments entirely by hand even though a textile machine exists which can assemble garments faster than a human can.
What is the current GDP growth rate for the U.S.? Examine the trend over the past few years. What trends interest you? What stage of the Business Cycle would the U.S. economy be in currently given the trends?
Citizens spend less money repairing punctured and torn tires. Gas stations throughout the city reduce fuel prices. Municipal taxes increase to fund added services. Traffic flow in the city improves.
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