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Business Economics
Below is a recommended topic for this discussion. If your instructor chooses a different "Making the Connection" from this weeks' readings or another alternate discussion topic, his or her chosen topic and any required work in MyEconLab or elsewhere will be in the instructors' first posting. Read the Making the Connection short case titled Why Did Iceland Recover So Quickly from the Financial Crisis? in Chapter 30 of our textbook, and also be sure to watch the video right under the Making the Connection title (maybe a few times). Then post your posting this week beginning to discuss what you've read and watched in the video.
Then work on Problems and Applications 2.23, at the end of Chapter 30, answering and discussing the questions in that exercise.
What role does economics play in the political realm? Why do we care what type of market China and Russia have? Can any of you provide an example of how this influences your daily life?
Which of the following equals the market value of all final goods and services produced in an economy, stated in the prices of a specific base year
You deposit $10000 into an account paying 8% interest compounded quarterly. You want to make withdrawals of $1300 each year for the next 15 years. If you were to make two equal deposits, one in year 5, the other in year 10, how much would they need t..
The third through sixth payments are $1000 greater than the first two. Determine the size of the first (end of period 1) payment.
Draw hypothetical supply and demand graphs for men and women to both occupations assuming that some of each gender prefers each job. Now, assume that discriminatory actions take place in the restaurant business preventing men from becoming chefs.
"Anyone who tells you that markets left to their own devices always lead to socially beneficial outcomes is talking utter nonsense." Do you agree with this statement? Defend your position.
The tax on cigarettes in New York City is the highest in the nation- $5.85 per pack. Does this tax raise a lot of revenue for New York City? Why or why not? What are some of the secondary effect of this tax?
Consider the AS/AD model. Analyze the effect on the economy in the short run and in the long run after the following events: a). the Congress increases investment tax credits b). the congress decreases import tariffs. Determine in details how can mon..
A construction manager just starting in private practice needs a van to carry crew and equipment. She can lease a used van for $3,738 per year, paid at the beginning of each year, in which case maintenance is provide. Alternatively, she can buy a use..
how many standard errors it is away from zero. If it is not very far from zero n we might ignore it; if it is far away from zero n we might consider it important. But how far is ‘far'.
What assumption along with diminishing marginal product implies diminishing marginal rate of technical substitution?
Two firms, A and B, each currently emit 100 tons of pollution into the air. To reduce the pollution from now on EPA will require a pollution permit for each ton of pollution emitted into the air. EPA limits pollution to 60 tons, giving each firm 30 p..
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