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Due, Feb. 21, 11:30 p.m. The final exam is now available, and the student must do current research and use critical-thinking in responding to the question below. Use the APA guidelines in your essay response. I will not accept more than 5% similarity, and do not want a description of definitions but arguments supporting your thesis and the economic concepts used in your essay. Final Exam: Using the various macroeconomics concepts given in chapters 3, 4, 7, 9, 11, 17 and 19 explain in a three-page essay, how our GDP can be improved. Your argument should cover present economic-political and social trends that affect positive or negative our economy. Include the social-ethical responsibility policy that we should consider.Macroeconomics: A Contemporary Approach. 9 or 10th ed. are OK.
Suppose that technophiles are willing to pay $400 now for the latest iphone, but only $300 if they have to wait a year. Normal people are willing to pay $250 and their desire to purchase doesn't vary with time. Ignore the time value of money
illustrate the U.S. wholesale market for roses. Show on the graph the equilibrium in that market with no international trade and the equilibrium with free trade. Mark on the graph the quantity of roses produced in the United States
Dell sells its computer for $2000=14000 Yuan in China. If the Yuan/dollar exchange rate goes up 10% (dollar value increase 10%), what will happen to the price of the computer in Yuan How about the demand
This theater shows unusual films and treats early-arriving movie goers to live organ music and Bugs Bunny cartoons. If the theater is open, the owners have to pay a fixed nightly amount of $500 for films, ushers, and so on, regardless of how many ..
assume that the combined consumer goods + capital goods values for points a, b, and c are $20 billion, $40 billion, and $38 billion respectively. If the economy moves from point a to point b over a 14-year period.
Assume the company orders printer paper in truckloads of 10,000 boxes every 3 weeks. They pay $20.00 per unit and it costs $200 to place the physical order. In addition, the cost of capital is 20% per year and the annual holding cost
An engineer has a fluctuating future budget for the maintenance of a particular machine. During each of the first 5 years, $1000 per year will be budgeted. During the second 5 years, the annual budget will be $1500 per year.
Calculate the rate of price change between 2000 and 2001 and label this rate as either deflation, disinflation, or hyperinflation. Calculate the rate of price change between 2001 and 2002 and label this rate as either deflation, disinflation, or h..
Suppose a country has the following production function Y=f(K,L)=K^1/2L^1/2 Its capital stock depreciates at 5%, its population grows at2.5% and its labor-augmentation technology increases at 2.5%
suppose that you are hired as consultant to a firm producing a therapeutic drug protected by a patent that gives a firm
Assume that biomass production generates net power per unit area of 0.5 W/m2 and that your consumption of energy is 240 kWh/day. How many square meters of land would it require to provide your annual energy consumption Use the economics underly..
Suppose the total market value of all final goods and services produced this year in economy X is $4 million. Of the $4 million worth of goods, $3 million is sold and $1 million is held in inventory. For this year, the GDP for economy X is
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