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1. Explain how an economic theory relates to price theory. Which is the bigger concept? Cite examples.
2. Differentiate and give an example each of the three levels of economic analysis. Use examples different from those given in this and the previous module.
3. Considering the available resources in your own locality( municipality and/or barangay), relate a concrete application of your response to the four basic economic problems.
4. Is the government necessary for the proper functioning of an economic system? Why/not?
5. Should the current quarantine status of Cagayan Valley in the Philippines be liberalized? Made more strict? Maintain current status? Why? How will your decision impact the microeconomic functioning of the economy? Its macroeconomic functioning? Will your decision have any bearing on the economic relations of the Philippines with other countries? How?
To illustrate inflation inertia in an aggregate demand–aggregate supply model, the short-run aggregate supply curve shifts upward because of increases in ______, and the aggregate demand curve shifts upward because of increases in ______.
Economic and Ethical Issues of Pricing Assignment Description
Suppose that Serendipity Bank has excess reserves of $12,000 and check able deposits of $150,000.
Why do some communities have volunteer fire departments? Short answer please
q.get an answer from tutors to this homework question nowassume that in 2008 the following prevails in the republic of
1-Which of the following goods would be included in the calculation of gross domestic product? Select the two correct answers.
Provide complete one-sentence answers for all five questions in Part One.
Explain how the raising of short-term interest rates would affect all of the following in the United States: the inflation rate, the unemployment rate, the value of the U.S. dollar, net exports, and U.S. stock markets. Include at least one well-label..
Sony's e-reader and Amazon's kindle what is the competitor analysis that they should follow. What and Where did sonny's e-reader lack in their marketing
You are considering selling your house. Your reservation value is $100,000. Your real-estate agent tells you that there is a 0.4 chance a random buyer will pay $150,000, a 0.25 chance the buyer will pay $200,000, a 0.1 chance the buyer will pay $250,..
A study is performed in a large southern town to determine whether the average weekly grocery bill per four-person family in the town is significantly different from the national average. Identify the null and alternative hypotheses for this situatio..
Again, assuming that the new Euro-bond is issued with the 3% annual interest rate, what value for the Canadian interest rate would be consistent with a zero Covered Interest Arbitrage Margin?
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