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Assignment:
QUESTIONS:
1. What is inflation?
2. Who specifically hurts by an increasing inflation rate?
3. What were the US inflation trends? Find rates in the year 2000, 2001, 2005, 2008, 2009, 2011, 2015, 2018, 2019 and 2020.
4. Rank top 10 countries experiencing the highest inflation rate recently.
5. Explain clearly how inflation affects you or your family's economic decisions.
Estimate the world population in 2048 and 2093 (assuming all other things remain unchanged).
What are the costs of inflation? Which of three costs do you think are most important for the U.S. economy?
Suppose that you never carry cash. Your pay- check of $1,000 per month is deposited directly into your checking account,
Describe why the US farm policy is failing. Why were the WTO 2005-6 meetings a failure. What were the main issues and reasons.
Evaluate trends in demand over time and explain their impact on the industry and the firm. You should consider including annual sales figures for the product your firm sells.
Suppose a monopolistic competitor in long-run equilibrium has a constant marginal cost of $6 and faces the demand curve given in the following table:
Describe how Marie might approach this scenario and his decision-making process. Is there an economic concept (concepts) which best describes Marie's scenario
Describe unintended consequences a homeland security policy applicable to the topic has on civil liberties. Include a Logic Model on the issue. Discuss how social media can be used to aid in managing a crisis.
Money is an interesting topic and there is much to learn that is not common knowledge regarding how we create money, especially money that is just printed!
The business sector produces 9500 units at an average price of $20 per unit. What is the money value of output in this economy
Policy makers are considering adoption of a deficiency payment program. Find the optimal size of government subsidy G (where G = Ps - Pd), when the government objective, or policy objective, is to maximize:
To what extent is globalization driven by multinationals? Use data to argue your answer. Remember the definition of Multinational
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