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GENERAL: This exam will cover the material from throughout the economics. That is, anything is fair game but the questions will be overweighted toward the material not addressed in the earlier quizzes.
Exchange and markets
Demand supply and market equilibrium
Measuring a nations production income
Unemployment and inflation
Aggregate demand and aggregate supply
Fiscal policy
The income expenditure model
Investment and financial markets
Dynamics of inflation and unemployment
Elasticity
Monopoly and price discrimination
Public goods and public choices
Labor market income and poverty
Monophony
How will a fall in domestic investment affect the trade surplus and net capital outflows in the domestic economy, the trade deficit and capital inflows in the rest of the world.
Plot the wage- setting and price setting equation or a property labelled graph and identity the nature rate of unemployment.
Problem on standard deviation
The socio-economic shortcomings that China experienced
Essay on Market imperfection associated with negative externalities.
Describe the present economic crisis situation in Europe. Why has it been so difficult for the Europeans to find a solution to this problem? Comment on what implications the crisis may have for the rest of the world if Europeans are not able to ag..
Problem - Income Elasticity of Demand, Interpret the following Income Elasticities of Demand (YED) values for the following and state if the good is normal or inferior; YED= +0.5 and YED= -2.5
In a perfect capital market, advices for a corporate financial manager on making capital structure decisions.
Evaluate the range of marginal revenues
Question based on Derive and compare demand curve, Derive Ambrose's demand function for peanuts. How does it compare with Johnny's demand curve for peanuts?
The rising stock market implies an increase in wealth, at least as measured on paper. If we assume that some of this increased wealth gets consumed, then the rising stock market fuels an increase in aggregate demand, and may contribute to an inflatio..
Question:. Explain why there are long-term Federal government budget problems. Explain why the base-line forecast of the CBO is misleading.
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