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What does gross domestic product (GDP) tell us? How did GDP change from 2008? What caused these changes? What is real GDP? What was real GDP in 2008 and has it changed since 2008?
What was national income (NI) for 2008? What does national income tell us? What is the difference between GDP and NI? How has NI changed since 2008? What caused these changes?
What was disposable income (DI) for 2009? What does disposable income consist of? How did DI change from 2008? What caused these changes?
Does GDP measure the well-being of society? Why or why not?
What was GDP in 2008 (sometimes called GSP) for your state? How does your state rate when compared to other states?
How important is saving for a household and the economy? How much should be saved?
Discuss the importance of the balance of payments as an accounting measure and Discuss the current account and its components and the capital
Suppose that you have $900 and want to invest the money for one year. Which one will you choose? What is the opportunity cost of your choice? Explain.
Environmental Protection - How does man's stewardship responsibility to God apply to environmental protection? How should that stewardship be carried out? What is civil government's role in protecting the environment?
1.Is there any truth in the saying that the price of a good is a reflection of its quality?
industry paper as a partial requirement for this course you will have to submit a paper on an industry of your choice.
Based on your findings, how many additional workers do you think will file unemployment claims in your state - Will this affect how much flour you order
What lessons could you take from the business concepts of fixed and variable costs? And do you factor in the value of your time when you price comparison shop? Why or why not?
Market demand and marginal revenue relations for Glove Box units are: P=$500,000-$250Q;MR=$500,000-$500Q;
Others argue, however, that the clause gives manufacturers more power in bargaining with other buyers. Explain how this increased bargaining power might occur.
Does the introduction of technology reduce the differences between the "haves" and the "have-nots," or does it increase the gap? Do you see this within your own community? Globally?
1.Why might it be argued that a redistribution of consumption, while not involving a Pareto improvement, could still be desirable?
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