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Explain why inflation is a main concern for an economy, and examine how well inflation in Australia has been managed by the monetary authority over the last 10-15 years.
Some people claim the "economic way of thinking" does not apply to issues such as health care. Explain how economics does apply to this issue by developing a "model" of an individual's choice
Which one, shirts or sweaters, has a demand elasticity that will allow you to increase the price, sell fewer units BUT still increase your revenues?
In a small economy, gross investment in 2009 is $1,500, consumption spending is $6,000, net investment is $200, government spending is $1,500, exports are $2,000 and imports are $1,000. What is GDP for this economy in 2009?
The French government has recently increased the retirement age, a decision which is opposed through a large fraction of the French public, especially in students
Name some areas of business in the United States where the prevailing market structures have changed dramatically in last 20-years and discuss the direction of change
Take a small company to be established and construct a cost revenue analysis to see how feasible the project could be? Divide your cost of production into fixed and variable cost. Calculate the price that you think will make the business break eve..
Is the deficit and the debt a problem to be dealt with or not? Explain. Why do those who worry say it is different from the World War II debt Explain. Can the FED keep buying up 40% of the government bonds floated Explain. What danger does that ho..
What effect will the distribution have on Samuel’s gross income and tax liability if he invests the $20,000 received in a mutual fund?
1.sam smith owns an internet radio company that has subscribers in houston and dallas. the demand functions for the 2
Find out the market structure (competition, monopolistic competition, oligopoly, and monopoly) that best characterizes the infant formula industry.
What are the difficulties in measuring this within one country and making comparisons of the standard of living of people in different countries?
The opportunity cost of the debt is: The interest payments on the debt. Less of an issue if the economy is below full employment since crowding out is less likely to occur. Not an issue if the debt is financed internally. The decrease in public-secto..
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