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Part: The Inflation Rate
Complete the following exercise:
Visit the Bureau of Labor Statistics Web Site,
www.bls.gov/news.release/cpi.toc.htm . Select Consumer Price Index Summary.
Write a report (1-2 pages double - spaced) to answer the questions:
1. What month (and year) is summarized? What was CPI-U for that month?
2. What was the rate of inflation (percentage change in the CPI-U) for the month? How does that rate of inflation compare with the rate in the previous month?
3. Which two categories of goods or services had the greatest price increase for the month?
4. Which two categories of goods or services had the lowest price increase (or greatest price decrease) for the month?
5. Who loses from inflation?
Two consumers, Consumer 1 and 2, purchase the same product. Compute the prices that should be charged to each customer if the seller is able to use first degree price discrimination.
The Wall Street Journal reported that recent law school graduates were having a very difficult time obtaining jobs in the legal profession. Many law schools said that 10 to 20 percent of their graduates still had not found jobs.
Utilizing an AD-AS diagram suppose that the economy is initially at potential output
the supply function is given by p q 10.the demand function is given by p 50 - 3q.a sketch these two functions on a
The industry's assets are financed with some combination of common equity and long-term debt. What's the firm's debt ratio?
Explain how would it change as PM Company adopts additional international market expansion strategies. How long and what will it take to actually change the organizational structure.
Which of the following situation descriptive a perfectly competitive market. Graph marginal costs from table below and answer the following questions:
Suppose that consumer spending is expected to decrease in the near future. If output is at potential output, which of the following policies is most appropriate according to the AS/AD model
Economists agree that an economy cannot increase without savings. This means forgoing current consumption, saving, and investing in capital goods.
Do you have frequently ended stock market rallies and led to declines in all major stock indexes.explain why rising oil prices have negatively impacted US equity markets.
The world major central banks, including the U.S. Federal Reserve, European Central Bank, Bank of England and Bank of Japan, conducted a joint policy action on 11/30/11 inject liquidity into global financial markets.
You will be asked to collect five (5) newspaper articles relating to subjects we are covering in the class. As we cover the various chapters you should be actively searching newspapers/magazines to find articles.
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