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Article in a newspaper or magazine that discusses a US government policy on goods or services
Select an article in a newspaper or magazine that discusses a US government policy on goods or services. Analyze the situation:
Summarize the article using at least three economic terms and theories covered in class.Identify the impact of the policy on Demand or Supply of the good(s) or service(s). Discuss the change(s).Draw a supply and demand graph to explain this change. Be sure to label your graph and clearly indicate the change of the curve.
Compute the elasticity of demand in going from 2 unit to 3 units. Is the demand elastic or inelastic in this range.
Describe your understanding of what makes a cost or factor relevant to economic reasoning.
Explain why should a government be concerned with the pricing of products that a company transfers.
Illustrate what factors will increase or decrease the level of international capital mobility between one nation and the rest of the world.
Associate a current event article which relates to government regulations or antitrust activities.
Assume if the inflation rate is 5percent is this still acceptable. Provide quantitative justification for your answer.
Elucidate how policy would achieve economic growth, and at the same time engage in poverty reduction.
Elucidate how the steepness of the short run aggregate supply curve affects the government's ability to use fiscal policy to change real GDP.
Illustrate what rate of inflation characterized this economy during 1994.
Compute the equilibrium interest rate. Compute the amount of investment demand, private saving, and national saving at the equilibrium interest rate.
Illustrate what happens to bicycle supply. What happens to bicycle demand.
As compared to high Japanese inflation may result in an increase in the supply of yen for sale
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