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Important economic measures
Could you please help me to identify 10 important economic measures (e.g. CPI) or areas (e.g. inflation using two or three indications) that best describes the current state of the U.S. economy. There needs to be an analysis of each and focusing on its importance, what it says about the current state of the economy and the latest reading and trend.
Illustrate a supply or demand curve shift for the following article. The price of oil fell on Monday, January 12, 2009 as the weak economy has undermined oil demand. Light, sweet crude for February delivery fell $3.24 or 7.9%, to $37.59 a barrel.
The Wozniak Corporation, a maker of aircraft engines, determines that in 2008 the demand curve for its product is as follows-What is the price elasticity of demand if price equals $500?
According to the quantity theory of money, what is the effect of increase in quantity of money?
Mention and explain the two types of inflation. Which sort of inflation would most likely be associated with the negative GDP?
Finding the short run and long run profit maximizing price - quantity and number of firms in industry.
Assume Helen's income increased from $30,000 per year to $45,000 per year and Helen\'s crab meat consumption went from 25 pounds per year to 30 pounds per year.
Describe the US household is harmful to the economy with the use of AS-AD diagrams.
Illustrate what would you expect to happen to the total expenditures on good X.
Illustrtae which single type of product has the greatest impact on your employer
Show the new utility maximizing bundle of gasoline and all other goods. What is the slope of the new budget line? What is the consumer's new MRS of all other goods for gasoline?
Assume that there are two power generating plants that emit SO 2 (sulphur dioxide). In the absence of regulation they each emit 10 tons of pollution per month.
Elucidate the price elasticity of supply for your chosen industry.
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