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Choose a macroeconomics article under these 3 categories from the major newspaper latimes or nytimes:1. the current economic situation? is the overall national economy improving or worsening? how fast? why?2. what is happening to prices? inflation vs deflation? what is happening and why?3.what is happening to the economies of europe? which economies are doing better than the U.S., which worse, and why? what is the impact on the U.S. of the performance and political economic policies of these other economies?
After choosing the topic do the article review which includes following steps?a. a short summary that clearly covers all of the fey elements in the article. this summary must show that you carefully read and understood the content of the article.
b.a short critique of the article indicating the strengths and weeknesses of how the article was written. this critique must discuss the following issues:how complete was the articlewere key questions or facts omittedwhat biases or preconceptions did the author reveal.in this part b you cannot put summary or discuss whether you agree with the articles perspective.
c. 1. the author presented conclusions and/or made proposals about the topic and if so,2. indicating whether you agree or disagree with the conclusions and/or proposals made by the author and why you agree or disagree.NOTE- if the author did not gave any conclusion then you have to give a conclusion.
A purely competitive firm finds that the market price for its product is $20. It has a fixed cost of $100 and a variable cost of $10 per unit for the first 50 units and then $25 per unit for all successive units. For each of the first 50 units, do..
At which level of initial wealth will he be indifferent among taking on the risk of getting no income and buying the insurance that removes the risk.
Williams and Westrich stock is currently selling for $15.25 per share, and the dividend is expected to continue.
21st century electronics has found a theft problem at its warehouse and has decided to hire security guards. The firm wants to hire the optimal number of security guards.
Illustrate the following situations using supply and demand curves for money. No graph needed only state what will happen to the supply and/ or demand curves for money and what will happen to the equilibrium interest rate.
Let's assume that thereare no trade barriers and exchange rates are freely fluctuating. At the same time, the European Union develops a technology that reduces the cost of production for most of their exporting products. Explain what will happen ..
Draw the per capita production function and supporting curves to capture the economy and provide a brief economic explanation of the consequence of lower savings on long- term growth rates.
Explain why is it that a firm in a perfectly competitive market can sell as much as it wants without a change in price occurring? As a result, what is the elasticity of demand affecting the firm then.
Use the following information for a company's output at various levels of employment (L) to compute:
Since inventories are not a large component of GDP, how can they affect GDP so sharply explain how will the replenishment cycle affect GDP in the near future?
The country now tightens up on (reduces) its money supply dramatically. The country's product price level is not immediately affected, but the price level gradually becomes lower (relative to what it otherwise would have been) during the next seve..
The setup activity price driver rate, using the best cost driver for this situation.
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