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Economics Major -(BA) application personal statement
1 or 2 pages, double spaced.
From personal perspectives (such as why i choose this major in the university: this major includes all the basic ideas and knowledge of business;/want to understand market and trade;/ then have or start my own business such as a coffee bar )
What one major organizational subsystem needs to be changed in RSPS? Justify your choice. How does it compare to any of the successful private, charter, or public schools in Arizona?
The government did nothing to stem the decline. From the point of view of economic policy, elucidate what would you think was the reason.
Calculate a market basket and a price index for each year, using 2001 as your base year and calculate the annual rate of inflation from 1992-1997, from 1997-2005, from 2001-2005, and from 1992-2011.
In some European countries, laws are in place that give a lot of protection to workers and keep them from being unfairly fired. What is your take on these laws ? Give a more insight.
Some businesses and industries are controlled by the government; government provides many health and welfare benefits, found in both limited and unlimited governments. This is referred to as?
DeBeers Consolidated Mines markets about: 45 percent of the world's rough-cut diamonds. 33 percent of the world's rough-cut diamonds. 80 percent of the world's rough-cut diamonds. 55 percent of the world's rough-cut diamonds.
Consider a single monopoly that faces a market demand curve for a good is given by the equation P=100-.1Q and the total cost function is given as TC=1000+20Q-.4Q(^)(2). What is the total fixed cost for this monopoly?
The Commonwealth of Pennsylvania is concerned about the dwindling number of family-owned farms and the number of smaller, less efficient farms. In a random sample the total acreage of each farm was recorded. The mean was 1125 acres, with a standar..
What can you say about the relationship between marginal revenue and marginal cost for output rates below the profit-maximizing (or loss-minimizing) rate? For output rates above the profit- maximizing (or loss-minimizing) rate?
Many controversial issues in public finance concern when a central authority should allow markets to work and when it should intervene. Generally we think of the government as the central authority, but it could be a university as well.
assume a perfectly competitive firm is currently producing 5000 units of output and is earning 15000 in total revenue.
1. Define unemployment. Who do you call unemployed? Give an example for Frictional, seasonal, structural, and cyclical unemployment 2. Explain how inflation affects a persons personal life.
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