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Question - These days the inflation is at its highest level in 40 years.
1. Give two reasons to explain why our country experiences the high inflation.
2. Using your own experience, give your classmates two advises toward saving the money.
3. Do you think the government is taking correct steps to fight the inflation? Explain your point.
Analyze how the law of demand applies to a recent purchase that you made. Describe how the product has changed in price and explain whether the price change is due to supply or demand. Did the change in price affect your decision to purchase the item..
Write a 1,750-word paper (including any material you include from your Week 3 assignment) detailing your findings. The use of tables and/or charts to display economic data over the time period discussed is highly encouraged.
What are the consequences of nuclear power plant retirement? Please explain.
The vice-president for finance decided to invest $2,000,000 in a 2-month investment that pays 11.5% simple interest. how much interest will the college earn on the investment.
Question: Explain the concept of opportunity cost and use it in an example?
Baby copy company is a worldwide producer of copy machines. It manufactures 10 different copieers, ranging from low-end desktop copiers that sell for a few hundred dollars to high volume document machines that retail for over $200,000.
How does elasticity of the underlying good affect this tradeoff - chooses the profit maximizing level of production for a monopolist, how much output will they produce?
How are changes in the price level measured? How much have prices increased in recent years? What is the difference between real and nominal GDP?
The Keynesian approach to macroeconomics assumes that A) wages, but not prices, adjust quickly to balance quantities supplied and demanded in markets.
[1] Fundamentalist Keynesianism since it is a rejection of the reductionist program.
Why is an exporter that is to be paid in six months in a foreign currency worried about fluctuating foreign exchange rates?
What would be the effect of the policy described in part on the economy's stability over the business cycle - What is your average money balance during the pay period?
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