How has the recent increase in the price of a barrel of oil

Assignment Help Business Economics

Reference no: EM13159275

For each of the following questions identify whether the question is more appropriate for the study of microeconomics or macroeconomics.

a. What will happen to the wages in our community if Corporations X, an employer of 1,000 people ( that is 40% of our workforce) decides to relocate its plant to a different state?

b. What will happen to the level of overall economic production in our economy if the federal government continues to run record levels of government deficit?

c. If the government engages in monetary policy and increases the money supply, what will happen to the interest rate in our economy?

d. How has the recent increase in the price of a barrel of oil affected the prices of bicycles, cars and airplane fares?

e. What will the effect of recent tropical storms be on the price of bananas?

2. Suppose that people anticipate an economic recession and ddecide to increase their rate of saving so they are better prepared financially for the recession. Explain why this response might actually make the recession worse

Reference no: EM13159275

Questions Cloud

Identify the circumstances under which sarah : identify the circumstances under which Sarah should choose package A, the circumstances under which she should choose package B.

Concept of power in a democracy : How is power wielded in the social world? Do agree more with functionalist or conflict theorists regarding the concept of power in a democracy?

What is the rate of consumption of s2o8^2- : If 2 x 10-4 moles of S2O8 ^2- in 50 mL of solution is consumed in 188 seconds, what is the rate of consumption of S2O8^2-?

Which animals have three chambers in the heart? : Which animals have three chambers in the heart?

How has the recent increase in the price of a barrel of oil : How has the recent increase in the price of a barrel of oil affected the prices of bicycles, cars and airplane fares?

What fraction of employees cost more for dental expenses : Estimate the percent that did not have any dental expense. What was the cost for the 10 percent of employees who incurred the highest dental expense?

Translate infix mathematical expression into postfix express : Write a program in java to translate infix mathematical expression into postfix expression and a program to evaluate the posfix expression. There should be three separate progams. use stack data abstraction and class implementation.

Concept of economic specialization : Explain the concept of economic specialization and the important reasons why a country would need to utilize this unique concept?

What are the main components of the broken windows theory : What are the main components of the broken windows theory? Explain. ?How do you think the broken windows theory served as an introduction to community-oriented policing? Explain. ?Do you think that this theory is still significant to community-orient..

User Account

All Pages