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For the Portfolio Project, conduct an analysis of the current economic standing of Greece and provide your evaluation and outcome expectations in an articulate and informative paper that discusses:
A minimum of three general economic principles related to the article
Identification of three to five macroeconomic indices
Definition and explanation of the indices, e.g., GDP, CPI, and other economic calculations
Discussion about what the specific indices mean in relationship to the overall article and how they impact each other
Appropriate evaluation, decisions, and forecasts that could be made from the information.
Suppose a firms production function is Q = 0.2K0.5 L0.5. Its level of capital is fixed at 25 units, the price of labor is PL = $8 per unit, and the price of capital is PK = $4 per unit. The firms average fixed cost function, average variable cost fun..
What are deadweight losses, and what are their causes? What are the market effects of a deadweight loss? What are the major factors that determine who will bear the burden of a tax or the incidence of a tax?
What are some of the unintended consequences of efforts to regulate the illicit global economy? How can states more effectively reduce the negative consequences of black markets?
The following national income is in billions of dollars: Net domestic product equal?
Please plot the following aggregate demand curves from the following equations: Please plot both curves to scale.
From an economic standpoint, evaluate the effect of a minimum wage on the market for low-wage labor. Include the following:
If we know the exchange rate between Country A’s currency and Country B’s currency, and we know the exchange rate between Country B’s currency and Country C’s currency, then we can compute the exchange rate between Country A’s currency and Country C’..
Assume you are a wheat farmer in North Central Kansas, you have fixed costs per acre of $84, variable cost per bushel is $3.64, and you produce 56 bushels per acre. What is your total variable cost per acre? What is your total cost per acre?
Last week, jorge purchased a $45 ticket to a soccer game scheduled for this Thursday. If he attends the game, he'll miss three hours of work, where he's paid $15per hour. While he can't return the ticket, he can resell it online for $30. Attending th..
A farmer owns a plot of ground also sells the right to pump crude oil from his land to a crude oil producer.
A monopolist sells in two geographically divided markets, the East and the West. Marginal cost is constant at $50 in both markets (marginal cost is also equal to average total cost). The inverse demand curve in each market is as follows: Pe=450-.5Qe ..
An adiitional feature is that the computer shop will give her 500 for her old computer on a trade in. What is the equivilent annual cost for keeping her computer? What is the equivilent annual cost for swithcing to the new system?
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