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Fundamentals of economics
I need your HELP answering these questions:
1. Explain how the circular flow diagram illustrates the interaction of households, governments, and business?
2. Illustrate market equilibrium using supply and demand curves?
3. Differentiate between movement along and shift of the demand curve?
4.Explain the relationship between market and aggregate supply and demand?
Can your answers be in paragraphs and can you give me the sources.Also can you give me the meanings to circular flow diagram, market equilibrium, demand curve and aggregate?
What do you think branded products usually are of higher quality than generic products and therefore justify their higher prices.
Explain how might a portfolio manager use financial futures to hedge risk in each of the following circumstances.
The US cigarette industry has negotiated with Congress and government agencies to settle liability claims against it. Under the proposed settlement.
Elucidate the risks inherent in having the government step in to compensate for market failure.
Assume two firms, A and B, serve a market with demand D(p) = 100 - p. Assume that (i) they have identical cost functions, c(Q) = 5Q,
Additionally, several other configurations were also estimated. The results are shown on the following pages. Based on this data, answer the following questions. Comment on the significance of time trend and seasonality.
explain how the changes in the equilibrium price also quantity.
Who has the responsibility to decrease or eliminate unemployment. What is the role of business
Illustrate what would the total price be at 99,000 miles rounded to the nearest dollar amount.
Illustrate what is the basic objective of monetary policy. What are the strengths and weaknesses of monetary policy.
Illustrate what is the objective of the article. Please note that the article has to be relevant to microeconomics and the topics covered in this class.
Elucidate whether current economic conditions are more consistent with the Keynesian or classical economic theories.
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