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Assignment:
In the Ted Talk Tim Jackson: An economic reality check | TED Talk
1. What new important things were learned?
2. Did the topics discussed in the Ted Talk relate to any personal experience in any way? If so, how? If not, how do you believe it could?
3. How does this new knowledge relate to macroeconomic measures of income and expenditures and how they impact the entire economy?
4. Based on what was learned, what action(s), if any, do you think the government, or society, should take?
The U.S. real GDP per person grew rapidly in the early 1960s. The table above has U.S. real GDP and population for 1961 and 1962. Between 1961 and 1962, how rapidly did U.S. real GDP per person grow
Suppose a business experiences a sudden increase in its fixed costs. For example, suppose property taxes increase dramatically.
suppose and economy described by the solow model has the following production functiony k12le12a. for this economy
What opportunities and threats does the French market offer to Iliad (FreeMobile)? What generic strategy discussed in the module is Iliad adopting through its FreeMobile strategic business unit?
A purely competitive firm's output is such that its marginal cost is $4 and marginal revenue is $5. Hint: remember that MR = P for Pure Competition and the Profit Maximizing rule. Assuming profit maximization, the firm should
Given an inverse demand function: P = a - bQ; where a = 170, b = 1, and the short-run cost function is C(Q) = eQ + f, where e = 30 and f = 200, if the monopolist is maximizing profit:
zeon a large profitable corportation is considering adding some automatic equipment to its production facilities.an
Given a firm has the production function:
What is the current state of the economy that you have chosen? Collect the latest available data on nominal GDP, real GDP, per capita real GDP
1. Which of the following industries comes closest to the model of perfect competition?
"Hurricane Katrina damaged a large portion of refining and pipeline capacity when it swept through the Gulf coast states in August 2005. As a result of this, many gasoline distributors were not able to maintain normal deliveries. At the pre-hurric..
Refer to the 3-month and 6-month Treasury Bills example discussed in the text. Suppose you also want to include the Federal Funds Rate (FFR) in the model.
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