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Select a news article dated within the previous two months and analyze the issue using the economic concepts and theory learned in this class. Include at least one graph developed in our course. Please include link to the article below. Possible concepts include:
taxes and consumer or producer surplus OR
demand, supply, and equilibrium price of a particular product OR
elasticity on a particular product
If the Federal Reserve adopts a restrictive monetary policy that leads to relatively high interest ratesin United States, what happens to the demand and supply of foreign currency and the dollar's exchange value.
Explain In Canada Full-time permanent ---full time temporary----part time permanent---part time temporary---- Why is diagram may only apply to certain people And also considering race and age.
Under oligopolistic market conditions, a. the pricing actions of any one firm have no significant effect on the others b. the pricing actions of any one firm have a significant effect on the others c. no firm can have any control over its output pric..
Suppose there are two types of shirts available to Carl: red shirts and black shirts Carl is always wiling to exchange three black shirts for one red shirt. What type of preferences is Carl exhibiting? Draw several indifference curves to illustrate C..
Which of the following are factors that shift the demand curve? A. expectations, opportunity costs, price of the product B. costs of production, price of the product, and subsidies C. price of substitutes, tastes, price of complements D. income, popu..
Assume that total fixed costs are $46, that the average product of labor is 5 units when 10 units of output are produced, and that the wage rate is $12. If labor is the only variable input, what is the average total cost of producing 10 units of outp..
Suppose that in a year an American worker can produce 100 shirts or 20 computers and a Chinese worker can produce 100 shirts or 10 computers. Explain at what price of computers (in terms of shirts) the two countries might trade.
What is the current requirement of the law in the US in terms of the payroll tax levied on firms and workers? Based on our discussion in the previous chapters, what are the empirical estimates of the elasticity of labor supply and labor demand?
If the steady-state rate of unemployment equals 0.125 and the fraction of unemployed workers who find jobs each month (the rate of job findings) is 0.56. What is the fraction of employed workers who lose their jobs each month (the rate of job separat..
How much do you have to deposit today in order to allow 5 annual withdrawals, beginning at the end of year 8, with the first withdrawal of $1000 with subsequent withdrawals decrease at the rate of 5% over previous year’s withdrawal? The interest rate..
The company’s MARR is 24% per year, compounded monthly. What is the maximum price Shockers Company should bid for PGP?
Elucidate what is the effect of such tax on economic efficiency also the effect on economic equity. Do you think this was a popular tax.
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