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Graph GDP and one other economic statistic for at least fifteen periods (could be quarterly data or annual data). Superimpose on your graph data from another economic statistic for the same periods. Some suggestions could be stock index data, housing starts, consumer confidence, an unemployment statistic, inflation rates, or interest rates. Attach your graph to your post and analyze the data and whether they are correlated or not.
Proponents of government spending claim that it provides public goods that markets generally do not, such as military defense, enforcement of contracts, and police services. Standard economic theory holds that individuals have little incentive to ..
Describe the opportunity and accounting costs of "Going Green." Use a specific example to illustrate your point. For example, purchasing a Chevy Volt.
Small firms can discover the abilities of their workers more quickly than large ones because they can observe the workers more closely at a variety of tasks. Does it then make sense for people with high abilities to go to small firms
One of the functions of price is to ration resources and goods and services. What do we mean when we say price serves as a rationing device Elaborate your response in relation to scarcity and in terms of the demand and supply model
cold case inc. produces beverage containers used by fast food franchises. this is a perfectly competitive market.
Why is comparative advantage significant in international trade? Identify the exchange rate that equalizes the prices of internationally traded goods across countries and briefly discuss the major functions this exchange rate serves.
Functions of Money) "If an economy had only two goods (both nondurable), there would be no need for money because exchange would always be between those two goods." What important function of money does this statement disregard. Suppose the money ..
Discuss perfect competition and long-run equilibrium. Provide detailed descriptions, definitions and concrete examples of your findings. Additionally, how does the proliferation of global trade and competition contribute to markets moving more awa..
Evaluate the overall explanatory power of the regression model. Use a 0 . 05 level of significance. State all your hypotheses and explain your results. Do not use rules of thumb.
both inflation rate and unemployment rate are closely watched aspects of macroeconomic performances of the economy
assume that the government imposed a price floor on wages minimum wage in order to make sure that workers can earn a
the following are body mass index bmi scores measured in 12 patients who are free of diabetes and participating in a
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