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While some of you may not choose to enter economics as a profession, hopefully you have gained some understanding of macroeconomic issues from the course. Pick any current event that interests you. Briefly summarize the event for your classmates and then apply one of the macroeconomic concepts from the course. What are the implications of this event for our economy?
How is economic growth is measured Which factor of economic growth is the most difficult to measure accurately Make recommendations on how the factor you identified can be measured more accurately.
What are the implications for the design of monetary policy frameworks and what domestic factors does the Report identify as likely to affect the UK economy?
Suppose that, on the basis of a nation’s production possibilities curve, an economy must sacrifice 10,000 pizzas domestically to get the 1 additional industrial robot it desires but that it can get the robot from another country in exchange for 9000 ..
Explain how demand is affected when the government increases income taxes?
An individual is considering two investment projects. Project A will return a zero profit if condition are poor, a profit of $4 if conditions are good, and a profit of $8 if conditions are excellent. Project B will return of $2 if conditions are p..
In the Cournot homogeneous oligopoly model, why would each firm not increase its output given both firms are choosing the Nash Equilibrium?
Suppose the Board of Governors has determined that continued increases in consumption and investment spending are likely to be inflationary. To control inflation, the Fed would most likely pursue policies that promote
All other things unchanged, which of the following events leads to a shift further outward in the country's production possibility curve?
Walter used the cash method to account for income from his cattle ranch. During an audit in year 3, the IRS auditor discovered a document from a customer indicating that Walter sold 115 head of cattle to the customer two years earlier for $77,000.
Suppose two people, Mary and John each live in an isolated region. They each have the same resources availabe and they grow corn and raise pigs. Mary devotes all her resources to growing corn, which she raises 200 pounds of corn per year.
We know that a certain piece of equipment will cost 150,000 in 5 years. How much must be deposited today using 10% interest to pay for it?
Calculate the total contribution margin generated by the normal volume of medium pizzas in a week.
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