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US Economy and Ten Principles of Economics
Find out one story about the economy that has been in the news lately. For the story, identify one (or more) of the Ten Principles of Economics, and explain how it is relevant.
Compute the long-run impact of a permanent rise in money supply versus a permanent tax cut.
Describe how a correctional officer's pay is determined and how the salary is structured. Discuss what your chosen state can do to increase the supply of correctional officers.
Assume the new leadership in Congress decides to repeal some of the tax breaks granted to large businesses throughout the past several years. What impact will the repeal have on the exporting of jobs to foreign countries? describe by using isoquant ..
Discuss the implication on earnings and cash flow, and articulate why this project was chosen over the multitude of options that exists.
Discuss the advantages and/or disadvantages of distributing marketable pesticide permits to each farm operating in the watershed equal to 40% of its current level of use of that pesticide, versus simply ordering each farm to reduce pesticide use t..
Using the IS/LM/BP model, demonstrate the effect of each of the following changes. Assume that the economy is a small country with perfect capital mobility and a flexible exchange rate.
The Wozniak Corporation, a maker of aircraft engines, determines that in 2008 the demand curve for its product is as follows-What is the price elasticity of demand if price equals $500?
Explain why is a risk analysis so important. In your opinion, which among the factors of the risk analysis carry more weight than others?
Illustrate what were the percentage changes in nominal GDP and real GDP for the most recent quarter? What accounts for the difference.
Describe by what percentage would a 10% rise in the price reduce the quantity demanded, assuming price elasticity remains constant along the demand curve.
Suppose that, other things remaining unchanged, the price of X falls to $1. What quantities of X and Y will you now purchase.
Given the following predictions for nominal wage increases and productivity growth, state your forecast for inflation (assume this is all the information available to make the forecast).
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