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Discuss and contrast how your State and Metropolitan/Local Area GDP rates and personal income compared to the Rest of the U.S. by briefly summarizing the information within these categories. Such as, identifying the contributors to real GDP, personal income increases, or industry earnings within your State and Metropolitan/Local Area
Breifly explain the effect of an increase in money supply.
What is the most recent rate of growth of the country and how does it compare to the economic growth rate for the same year in the United States? What explains the recent economic growth, or lack of growth in your country?
Distinguish between the substitution and income effects of a price change. If a good's price increases, does each effect have a positive or a negative impact on the quantity demanded?
Compare and contrast types of constraints you have seen. Which ones do you believe are most common? Explain how Microsoft Project helps you manage resource availability.
On the basis of historical data, Richard Tennant has concluded, "The consumption of cigarettes is [relatively] insensitive to changes in price. In contrast, the demand for individual brands is highly elastic in its response to p..
Illustrate the amount of total benefits-total costs also total net benefits at the selected quantity
In relation to trade, give real examples as the motivation for trade in an economic perspective.
The Bank of England has switched from interest rate cuts to "quantative easing" This policy involves buying bonds from commerical banks in the hope that these institutions will again lend in vast quantities to businessess and individuals after sit..
Assume total benefits also total costs are given. Elucidate level of Y will yield the maximum net benefits.
Discuss and estimate the price elasticity of demand for a good or service of your company, or a company of interest to you
What is the expected proÖt maximizing entry fee F and price p per unit? - what level of q should the monopolist choose if it wants tomaximize expected proÖt by offering the product for some r?
According to the Keynesian model, what are the two components of consumption spending? What factors determine how consumption changes when real disposable income changes? Explain.
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