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COLLECT DATA AND INFORMATION ABOUT THE CURRENT ECONOMY USING LEGITIMATE BUSINESS PUBLICATIONS AND GOVERNMENT WEBSITE, RESEARCH THE ANSWERS TO THE FOLLOWING QUESTIONS:
1. WHAT IS THE CURRENT AVERAGE NATIONAL INCOME?
2. WHAT IS THE CURRENT UNEMPLOYMENT RATE?
3. WHAT IS THE CURRENT INFLATION RATE?
WHAT FACTORS AFFECT EACH OF THERE ECONOMIC VARIABLES?
Write a situation that would cause a shift in labor supply and demand. The following areas have had high job growth values and can be used for your scenario:
Suppose as your company's lobbyist, what would you like to see done through Federal government that would be of help to your company? This could be what government could do or what they could stop doing this.
The current economic downturn has been called a housing disaster, a financial disaster and a debt crisis, but the simplifying logic of the political season has settled on what is really more a result than a cause.
Compute the price, output, and profit contribution if the product is not certified. Compute the price, output, and profit contribution if the product is certified. Should the firm undergo the certification process?
How would your answers to part c above change, if you could still use a TPT strategy but you could not discriminate between the customers?
Johnson Inc. is notified that local property taxes have raised. Johnson's economist states this will increase our cost of production and shift up our average total cost curve, average variable cost curve.
Five Companies sell pez candy and differentiate in terms of customer service and flavors
Examine whether the introduction of the London Living Wage (LLW) has been good for London and for Londoners. Illustrate your answer using a case study focusing on one particular sector or industry.
WHAT IS THE BENEFITS OF "OVERDRAFT PROTECTION" PROGRAMS TO DESPOSITOR? HOW MAY THE "OVERDRAFT PROTECTION" PROGRAMS AFFECT THE CREDIT RISK THAT BANKS FACE?
Say half of the cost of producing wheat is rental cost of land (a fixed cost) and half is cost of labor and machines (a variable cost). If the average total cost of producing wheat is $8 and price of wheat is $6, what would advise the farmer to do..
Suppose the market shares of the six largest firms in the industry are 12 percent each. Compute the six-firm concentration ratio and Herfindahl-Hirschman index for this industry.
In our treatment of the Ricardian model We have focused on the case of trade involving only two nations. Assume that there are many nations capable of producing two goods
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