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Shortages and surpluses
Describe what happens to a market when Supply and Demand are not in equilibrium. List two instances from your personal experience when you observed the "disequilibria" of supply and demand in a market, and what caused the market to come to equilibrium, if indeed it did.
Make sure you fully describe the economic condition stated in this problem from a theoretical and practical viewpoint. Fully support your statement with references.
Illustrate what are the most important concepts you can learn in Economic Theory classes. How can you apply them to your life. What difference can these concepts make in your everyday life.
Sketch a supply and demand graph to explain this change. Be sure to label your graph and clearly indicate the change of the curve.
Elucidate how managers can reduce their firm's financing cost.
Discuss the comparative advantage(s) of your selected regional trading blocs. Identify the major risks associated with doing business in the selected trading blocs.
Show the area on the graph that would correspond to consumer's surplus earned by the typical boarder/skier with this payment scheme. Explain your answer briefly.
Assume you are a financial advisor to an investor whose portfolio consists of 400 shares of Delta Cruise Inc. stock and 10 put options on the same stock.
Illustrate graphically the impact in the short run and the long run of a Federal Reserve decision to increase open-market purchases.
After analyzing the cost savings of both India also China manufacture our GPS product and your explanations.
Define the Economics terms, national accounting identity, Hodrick Prescott filter and what it does, Cobb Douglas production function
Assume that there are many countries capable of producing two goods, and that each country has only one factor of production, labor.
Illustrate what is the basic objective of monetary policy. What are the strengths and weaknesses of monetary policy.
Which country is capital abundant according to the Heckscher-Ohlin theorem? Given your answer to (a), draw the PPF for Canada. Also draw the indifference curve and the relative price line for the no-trade equilibrium.
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