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Choose a macroeconomics article under these 3 categories from the major newspaper latimes or nytimes:1. the current economic situation? is the overall national economy improving or worsening? how fast? why?2. what is happening to prices? inflation vs deflation? what is happening and why?3.what is happening to the economies of europe? which economies are doing better than the U.S., which worse, and why? what is the impact on the U.S. of the performance and political economic policies of these other economies?
After choosing the topic do the article review which includes following steps?a. a short summary that clearly covers all of the fey elements in the article. this summary must show that you carefully read and understood the content of the article.
b.a short critique of the article indicating the strengths and weeknesses of how the article was written. this critique must discuss the following issues:--how complete was the article--were key questions or facts omitted--what biases or preconceptions did the author reveal.in this part b you cannot put summary or discuss whether you agree with the articles perspective.
c. 1. the author presented conclusions and/or made proposals about the topic and if so,2. indicating whether you agree or disagree with the conclusions and/or proposals made by the author and why you agree or disagree.NOTE- if the author did not gave any conclusion then you have to give a conclusion.
Differentiate the structural change and managerial opposition hypothesis as they relate to the decline in unionism. Determine which view do you think is more convincing?
Val Hawkins borrowed $15,000 at a 14% yearly rate of interest to be repaid over 3 years. The loan is amortized into three equal annual end-of-year payments.
A monopolist faces demand curve p = 11-Q , where Q is measured in thousands of units. Compute the firm's degree of monopoly power using the Lerner index?
Suppose that the nation with the initial PPF given in the table enjoys a technological breakthrough that enables it to double the production of tractors at each level of food production. Use a diagram to illustrate how economic growth is shown usin..
I am a manager in a governmental agency. I have no control over compensation policy. All workers are paid the same salary.
Assume you decide to open a copy store. You rent store space, and you take out a loan at a local bank and use the money to buy 10 copiers.
Describe what effect an expansionary fiscal policy would've on the price level and real GDP starting from full employment equilibrium.
The depreciation rate is d = 0.05 and the labor force growth rate is n = 0.01. The saving function, in aggregate form, is St = 0.3Yt . Find the steady-state capital-labor ratio, the steady-state value of output per worker, and the steady-state val..
Ceteris Paribus means all other things being equal. In the Keynesian, Classical, and Solow model, determine the impact of an raise in production technology
Either tenants occupy rent controlled buildings with a customers surplus deserve to live there.
Explain what is the stance of other developed countries on this issue.
Suppose that the income effect of the tax induced price change is negligible, the excess burden of the tax will be.
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