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Question: What is the most (surprising, interesting, confusing, or exciting) topic you learned about in Macroeconomics this term? In one paragraph, tells us about a macroeconomic topic, and what about it you found (surprising, interesting, confusing, exciting, etc.). topics from book Macroeconomics - by Paul Krugman, Robin Wells. you can chose anytopic from the book and write about it in your opinion and in your personal opinion.
explain how the law of diminishing marginal utility applies to your personal consumption patterns and how the utility-maximization rule and the income and substitution effects play a role in your shopping at the mall and grocery stores.
Given the table of marginal utilities for CD's and century books, calculate the optimal quantity and total utility at equilibrium. Draw Sarah's budget line for part a and her budget line for part b on the same graph.
a) Calculate the money multiplier and the money supply for August of 2008 (2008-08-01)
Since inventories are not a large component of GDP, how can they affect GDP so sharply explain how will the replenishment cycle affect GDP in the near future?
Assuming no change in hours of work, if real output per hour of work increases by 10 percent, what will be the new levels of real GDP in the right column of A Does the new data reflect an increase in aggregate supply or does it indicate a decrease..
One way to protect shellfish along the shoreline is to release large volumes of fresh water from the Mississippi River to flush oil out to sea. This procedure inevitably results in death to some of the saltwater shellfish while preventing more wid..
Utilize supply and demand analysis, the impact on the equilibrium price and quantity of new Hybrid automobiles when the following occurs
How much corn will the industry be willing to supply at a price of $200? What about at a price of $250? What about $300? $350? $400? ii) Use your answers to graph the long-run supply curve for the industry, that is, the quantity of output the indus..
Write down Apple's best-response function. Also, write down Microsoft's best-response function - Conclude which outcomes of the game constitute a Nash equilibrium.
Assume the following payoff matrix in which the numbers indicate the profits in millions of dollars for a duopoly based either on a high price or a low price strategy.
Assignment: International Labor Rights - Discuss whether or not workers are exploited in manufacturing of US imports.
Why would you as a CEO of a business choose to pay your workers more and give them better benefits than your competitors?
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