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Find an article from the media (internet, newspapers, magazines, etc.) on a current event that addresses an economic concept (e.g., consumption, saving, investment, real GDP, marginal propensity to consume, income multiplier, etc.). Write a one to two-page report showing:
1) summary of the article;
2) your own analysis and opinions. Make sure to use graphical analysis to analyze the issues presented in the current event (possible graphs: consumption/saving function, consumption/saving/investment trend, real GDP trend, etc.)
Assume that gross private domestic investment is $800 billion and the government (state, local, and federal combined) is currently running at $400 billion deficit. If households and business are saving $1,000 billion, what is the value of net exp..
If monopolistically competitive firms have some control over their prices, why don't they set price above average total cost so they realize an economic profit in the long run?
Suppose the demand curve for a monopolist is QD=500-P and the marginal revenue function as MR=500- 2Q The monopolist has a constant marginal and average total cost of $50 per unit a. find the monopolist's profit-maximizing output and prices. b) calcu..
What is the monopolist’s profit maximizing level of output?
defines and explains a closed system and provides an example. defines and explains an open system and provides an
Elucidate the interpretation of the coefficient b. Do the demand functions satisfy the relevant homogeneity conditions.
Supose we have two alternatives which have same output that is the same benefits. If we apply incremental B/C ratio the result gives 0. Can we assume that it is less than 1 and chose the lower cost alternative?
What conclusions can you reach about the relationship between duration and the time to maturity? Plot the relationship.
You believe the yen will increase in value by 4% against the dollar in one year. If you think the spot exchange rate in one year will be 120 yen to the dollar, what must the spot rate be right now?
Explain how the US government managed to accumulate a debt of over 14 trillion. To whom does it owe this debt? Is the debt a burden on future generations?
What fraction of the total variation in the quantity demanded of good Y remains unexplained? What can the student do to increase the explanatory power of his demand equation? What other variables might he add to his demand equation?
the world bank is currently advising newly industrailzed countries on how to encourage growth and they have asked for
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