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supervisor has been asked many questions about how the economy works and why the idea of limited resources is such a major concern in today's economy. As a result, she has asked you to prepare a PPT presentation on the topics. This presentation will be used in a training session for your peers. Specifically, your supervisor has asked you to do the following: Create a 3-6 page report, that includes an explanation and/or examples of: A circular flow diagram that includes the government sector. For this part of your paper, you should include a description of the roles that each participant plays in the economy and how the different sectors interact in the markets. An illustration of the Production Possibilities model, including a summary of what the model is illustrating and the economic implications for the economy. An explanation of why or why not trade with other countries is beneficial to an economy and how international trade fits into the circular flow diagram. An explanation of the difference between micro and macro economics, indicating why the division is necessary. Deliverables: Submit your paper in MS Word format, to the W1: Assignment 2 Dropbox by Saturday, October 18, 2014. Create a Microsoft PowerPoint presentation of 8-12 slides that summarizes your findings in your report. Post your presentation in the Assignment 2 Discussion Area by Saturday, October 18, 2014. Comment on at least two other presentations submitted by your peers, identifying the strengths and weaknesses of each. All submissions must be original and all resources must be acknowledged.
consider a single-product firm under monopoly. the firms profit function is given by pi pq-wl-rk where pprice
Suppose the general public purchase $500 million in government bonds and pay for them by drawing cheques on their chartered bank deposits. 1) Calculate the (target) reserve requirement
in the short run a firm operating in a competitive industry will shut down if price isa. less than average total cost.
you have been hired as a consultant by your local mayor to look at the various market structures. your role is to
what actions has the federal reserve taken to try to pull the united states out of this economic down turn? have these
classify each of the following as employed unemployed or not in the labor force.a. beth is not working she applied
Is First Amendment free speech protection only afforded to the spoken word? Explain. 2. The 2007 PwC Report suggested three things companies could do to minimize accounting fraud. Discuss these suggestions. 3. Describe the three types of negligence c..
accounting increases a students preparedness to understand complex business concepts and the rationale managers use to
identify economic factors that affect the real gdp the unemployment rate the inflation rate and a key interest rate.
Describe how each of the following will affect the price and quantity of equilibrium. To find out the new values, describe how the supply and/or demand curves will shift in the following cases (if at all).
George has been selling 5,000 T-shirts per month for $8.50. When he increased the price to $9.50 he sold only 4,000 T-shirts. What is the demand elasticity? If his marginal cost is $4 per shirt, what is his desired markup and what is his initial ..
Governments routinely alter their spending patterns to impact the economy, particularly as they relate to GDP growth and unemployment levels. Explain what effect an expansionary fiscal policy would have on the price level and real GDP starting fro..
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