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In 200 words what is the most important economic principle you learned from the course? How did this information improve your understanding of macroeconomics, and what is its application in the macroeconomic environment?
In no more than 250 words, please (1) describe how you feel this course has helped you to improve your economic knowledge and analytical skills, and (2) assess the course objectives you still do not understand and suggest how to improve the course to meet those objectives.
Mary wants to get more money from her house cleaning business. Why doesn t Mary try to increase her revenue by lowering her price below the prevailing market price?
consider our standard formula for gdp ycigx. additionally note that consumption is given by c aby-t where t -200.2y.
A discouraged worker is an individual without a job who has a desire to work; however, the worker has not actively searched for a job within the last six months, because the worker believes that there are no jobs available. Such a worker is not in..
Illustrate the difference among the midpoint price elasticity.
A needy family of a mother and three children currently receives cash benefits that average $12 per day. The mother of this family is allowed to earn an average of $4 per day before her benefits begin to decline. After that, for each dollar earned..
Discuss a scenario in which the use of leading indicators for your industry or firm (or an industry or firm of your choosing, could be fictitious or general) might improve performance and promote better decision making.
Suppose that two people, Michelle and James each live alone in an isolated region. They each have the same resources available, and they grow potatoes and raise chickens. If Michelle devotes all her resources to growing potatoes
How might the interest of national government bond holders, slave owners, or merchants be affected by a stronger national government?
The company you work for (Telex) is acquiring a competitor (Virex), and both networks need to be integrated. Each company has a WAN with three locations and a single internet connection. Each network is using the same private IP address block (10...
a colleague tells you that he can get a business loan from the bank but the rates seem very high for what your
Starting with estimated demand function for Chevrolets given Problem 2, suppose that the average value of the independent variables changes to n=225 million,
Find the change in consumer surplus, producer surplus and total surplus when Vanland decides to open their economy to trade.
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