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Technology in relation to the globalization process
How has technology impacted the globalization process? Is this positive or negative in the short run? What about in the long run?
Discuss how a change in price affects total expenditure by filling in each cell with resulting change in total expenditure.
What are the needs of big companies presently. Do you think it is paying higher salary so people will be more motivated.
Assume that the Fed is needs to keep the inflation rate so provide an anchor for inflation expectations.
Describe the present economic crisis situation in Europe. Why has it been so difficult for the Europeans to find a solution to this problem? Comment on what implications the crisis may have for the rest of the world if Europeans are not able to ag..
Illustrate what trends do you see in the data sets. What would you say to Support your assertions of trends with statistical evidence.
Discuss the difference among inflationary gap and deflationary gap.
Is the economy of a big city more competitive than that in a small town or given neighborhood? How? Do you think your local grocer has monopoly power?
Prepare a demand schedule for both demand curves and prepare them on an Excel graph. Calculate the marginal revenue for each.
Explain how a voluntary exchange results in a win/win situation to both parties.
The demand and supply curves for gasoline (in billions per year) are given below. Using the equations, find the initial equilibrium price and the quantity in the market for gasoline.
As the economy begins to recover from a recession and more people go back to work.
What is the difference among a positive and a normative statement. Why do economists sometimes offer conflicting advice to policymakers.
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