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Using Economic Indicators to Analyze the Economy
The economy has seen the unemployment rate increase from 6 percent to 9.5 percent, the inflation rate decrease from 2.8 percent to 1.2 percent, and there has been a 24 percent decline in consumer spending and a 45 percent decline in investment spending in the same time period.a) Given the above, what would you predict about the overall direction of the economy?b) Describe the appropriate discretionary fiscal policy that the government should adopt, given the above situation.c) Describe the appropriate monetary policy that the central bank should be operating, given the above situation.
Illustrate what can you say regarding your price elasticity of demand of apples
Assume that the Fed unexpectedly raise the rate of money growth.
For a perfectly competitive firm the price is $2 per unit. At this price the firm is producing and selling 10,000 units. It costs $1.50 to produce the last unit. Should the firm produce more? Less? Why?
Could you offer your opinion, no citations, from two different perspectives on the internet trends.
The discussion centers on how person or consumers would react during a period when a country's GDP growth rates.
Elucidate the price elasticity of demand for Coca-Cola greater than the price elasticity of demand for soft drinks generally.
What is her marginal rate of substitution when L = 100 and she is on the budget line? What is her reservation wage? What is her optimal combination of C and L?
Illustrate what value for r is optimal for the seller, and what then is the seller's expected profit.
As the Federal Reserve utilize its special powers to buy and sell government bonds, how does buying and selling government bonds affect the supply of money in the economy.
You have been hired as a plant manager for a firm that produces widgets (Q) in Angola, Indiana. Widget production requires machine time (K) and labor time (L).
Calculate the price elasticity of demand for the product below using average values for the prices and quantities in your formula.
A firm has offices in London and New York. Fractional units of labor can be employed in each location (as part-timers can be hired) and the headquarters could be in either city.
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