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Select an article in a newspaper or magazine that discusses a government policy on goods or services. Analyze the situation and in 600â€"1200 words:
Summarize the article using at least three economic terms and theories covered in class.
Identify the impact of the policy on Demand or Supply of the good(s) or service(s). Discuss the change(s).
Draw a supply and demand graph to explain this change. Be sure to label your graph and clearly indicate the change of the curve.
His uncertainty about total sales of the book can be represented by a random variable with a mean of 30,000 and a standard deviation of 8,000. Find out the mean and standard deviation of the total payments he will receive.
what price will the firm charge to maximize its profits? what are total profits? Would a 50% tax on profits alter the firms output? by what amount and why?
Conclude cost elasticity of demand at each quantity demanded utilizing formula % chg in QD divided by % chg in cost.
Why would China want its own currency to be undervalued relative to the U.S. dollar? How does china maintain an undervalue currency?
For both options, your interest rate is 6% compunded monthly. If the car has a value of S after the 36 months period, what is the value of S that would make both options A and B economically equivalent?
How great an open market purchase or sale of securities should the central bank undertake to restore the original interest rate.
Justify your discussion and analysis by using appropriate examples and references." The additional information on Trade Data and Analysis was submited last night.
Illustrate what monthly profit would she realize with that level of business during the next 3 years.
illustrate what happen to public saving, national saving and private saving.
A recessionary expenditure gap in a mixed open economy can be measured as the extent to which cumulative expenditures
Compute the minimum rate of interest, and, therefore, the risk premium, at which you would lend $1000 on the informal market. Suppose you are risk-neutral.
In mid 1990s, Japan's annual money supply growth rate fell to 1-2 percent from an average annual rate of 10-11 percent in late 1980s. illustrate what effect this decline had on.
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