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Question: Economic Issues
1. Name one economic issue that you have heard discussed by your friends, coworkers, or on the news that you wish you understood better
2. Research this issue. Find three explanations explaining this issue. One should be a video or popular press article, but TWO must be journal articles from ECONOMIC JOURNALS.
3. In 500 - 750 words, summarize your findings on this issue.
This conclusion from an article titled "Doctors Feeling Pessimistic, Study Finds" (San Luis Obispo Tribune, July 15, 2001) was based on a mail survey conducted by the California Medical Association. Surveys were mailed to 19,000 California doctors..
A decrease in the investment rate: Suppose a country enacts a tax policy that discourages investment, and the policy reduces the investment rate immediately.
What are the benefits and shortcomings of your identified regulations? Which of these shortcomings have an effect on the quality and the cost of health care ser
Castles in the Sand currently sells at a price-earnings multiple of 10. The firm has 2 million shares outstanding, and sells at a price per share of $40. Firm Foundation has a P/E multiple of 8, has 1 million shares outstanding, and sells at a pr..
If nothing else changes, what happens to the price and quantity if the supply curve shifts to the right? What is the law of supply? Give two examples of how you have observed the law of supply at work.
The corporate average fuel economy (CAFE) standard for mileage is currently 27.5 miles per gallon of gasoline (the defender) for passenger cars.
A decrease in person's real wage necessarily means
1.you are the ceo of exxonmobil your head of research department informs you that his chemists have devised an additive
Assume you're in charge of the toll bridge that essentially cost free. The demand for bridge crossings Q is given by P = 60 - 2Q. Draw a demand curve for bridge crossings
Create a start-up business to produce a specific product (a good or service). A three to five (3-5) page written research paper on the start- up business, the product and the market structure of the industry is required.
Compute net present value of the new mine assuming a 15% after tax cost of capital. Should the mine be opened?
Supply and demand are foundational concepts in understanding economic theory. Whether you are a coffee drinker or not, you have been tasked to examine the impact of supply and demand when dealing with the coffee retail industry. A few companies..
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