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Write a paper of no more than 1,050 words on GDP, economic cycles, and macroeconomic measurements. Begin by assessing the extent of energy representation in the GDP. Think of energy in terms of input into the U.S. economy and business cycle fluctuations and how different sectors of the economy are affected. There are many excellent examples of the immediate effect of energy on the economy. The oil shocks of the 1970's is an example.
What are the components of GDP, and how does energy consumption enter each of these components? How would changes in energy prices, such as oil price shocks, possibly affect GDP growth? Please explain the related impacts on inflation and unemployment.
Although he was a prolific artist, Pablo Picasso painted only 1,000 canvases during his "blue period." Picasso is now dead, and all of his Blue Period works are currently on display in museums and private galleries throughout Europe and the United..
Assume if the inflation rate is 5percent is this still acceptable. Provide quantitative justification for your answer.
impulse response function. suppose a one-time tfp shock occurs as shown below.as we have studied an increase in tfp
Assume that there are many countries capable of producing two goods, and that each country has only one factor of production, labor.
According to the neo-classical economic theory, the market is a natural, self-regulating system that tends automatically towards the full employment equilibrium of supply and demand.
Compute same after the OSHA guidelines have been met. Who pays the economic burden of meeting OSHA guidelines.
It is May 1. You have just bought $2000 worth of furniture. You will pay for it in 24 equal monthly payments starting at the end of May next year. Interest is 6% nominal per year, compounded monthly. How much will your payments be? Using compound int..
To determine the average typing speed of 700 students who just finished word processing 101, a group of 20 students is randomly selected. It is determined that the average typing speed is 47 words per minute.
Elucidate the relationship among budgeting and financial reporting in government.
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.
assuming that all other factors remain unchanged, determine how a firm's breakeven point is affected by each of the following: a. the firm finds it necessary to reduce the price per unit because of increased foreign competition.
Exchange and markets, Demand supply and market equilibrium
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