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Discussion 1. Analysis of Necessities: Why are anti-diabetes drugs likely to have inelastic demand? Define elasticity and provide graphical support to your explanation. Why elasticity is so important to forecast market trends?
Discussion 2. Explain the different market structures using graphs and verbal explanations. Provide an example of each market. Why monopolies arise and what governments can do in face of monopolies?
1. in 2009 the interest rate on 20-year bonds was 2 per year on switzerlands government bonds and 3.5 on u.s.
in order to reduce farm output raise farm prices and thus raise farm incomes revenues the government pays farmers to
Real GDP, the rate of inflation, and the rate of unemployment are THREE primary indicators of the state of the macroeconomy? The government influences the macroeconomy through its level of spending, taxes, and control of the money supply?
Assume that demand for product A can be expressed and demand for product B can be expressed. Suppose the price of product B increases. What happens to the quantity demanded of both products.
Suppose that the market for coffee is initially in equilibrium. Suppose that a technological improvement lowers the cost of producing coffee. At the same time, consumers' preferences for coffee increase
Graphically (i.e., using the IS-LM model) illustrate and explain what effect an increase in default-risk premium
question 1 economic growth - short questionsyou cannot use more than 200 words to answer each partnbspaccording to the
question 1 briefly define the following termsa.nbspnbspnbsp business cycleb.nbspnbspnbsp real gdpnbsp2. why are
What is the equation of exchange? Use the equation of exchange to determine by how much the price level increases if the economy is at full employment, velocity is constant, and the money supply increases by 7.6%.
Illustrate what factors have contributed to increased income inequality an economy along with an equitable income distribution may be efficient as well.
Why is it so incredibly important that the decision makers of monetary policy are not influenced by the decision makers of fiscal policy, and vice versa.
What do we call an environment where transactions between private parties are free from state intervention colbert. precursor to invisible hand?
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