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Unit 2 Discussion BoardThis week I would like each of you to pick your own Macroeconomic issue from the national news and comment on it. I like the Wall Street Journal but you can pick another similar newspaper. There are many Macroeconomic issues in the news right now. As you learned in Chapter 2, macroeconomics is the study of economy wide phenomena. So find a topic to comment on and tell us where you found it. Make sure your topic fits the definition of a Macroeconomic issue. With a class this large, I realize that some duplications of issues will occur so I expect that when that happens that each take on the issue will be unique and well researched. Some issues found here may be used in future discussions. Also, if possible, when making your comments on other classmates see if you can possibly find comments that you disagree with. That makes for more interesting discussions. The purpose of this exercise is to make you more aware of the issues being discussed every day and to help you identify those that are Macroeconomic issues and those that are Microeconomic issues.
Explain how does the economy effect the Airline Industry. What are economic influences that affect the industry in a negative way.
How does capital investment affect the marginal physical product of labor? Does more college education have the same kind of effect? Which is a better investment?
Assume a tax of t=$2 is attached to each unit exchanged in market. calculate the new market equilibrium and the deadweight loss from this change.
Imagine two naton , Glacierland, and Swampland. Glacierland is producing everything at a lower absolute cost than Swampland. If the two countries trade what is the reason.
Give at least three explanations of why economic reasoning would argue that this is to be expected.
You estimate the demand function for the square shreddies to be Qs=80-20Ps-6Pm+10Pd, where Pm is the price of milk, Ps is the price of the square shreddies, and Pd is the price of the diamond shreddies. what is the elasticity of demand for the squ..
Discuss and explain the current tax treatment of capital gains under personal income tax. Describe why do some economists argue that reduction in rate of taxation and capital gains can actually raise tax revenue collected from such gains?
Time Magazine and Newsweek are two competing news magazines. Suppose that each company charges the same $5.00 price for their magazines. What is the Nash equilibrium for this sequential game?
Prepare a Presentation on Monetary Policy Independence under Flexible Exchange Rates
Find the number of physicians to be located in each of the areas if the physicians are income maximizers - Population Index
Draw a graph representing the Rochester ice market before the storm and label it carefully. What was the equilibrium price for the Rochester ice market before the storm? And the total quantity of ice traded?
A sharp decrease in housing prices makes people much less wealthy. If the primary effect of this decreased wealth is felt on labor supply, what happens to the level of employment and the real wage rate if the labor supply function is positively relat..
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