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Discuss within your Learning Team how and why the U.S.'s deficit, surplus and debt have an effect on the following:
Write a 750- to 1,050-word paper summarizing the results.
Draw their budget set (the combination of housing and other goods that they can afford) in housing-other goods space
Why does a union electrician earn less than a non-union electrician? Why does a white male earn more than a white female with the same level of education?
Explain what the GDP cost index is and what is its role in differentiating nominal GDP and real GDP.
Elucidate with an aid of a diagram , the effect on prices and output if households decide to spend a large share of their income.
What economic problem might exist for the government to make this fiscal policy change? If the government wanted to achieve the same change in GDP as in part k by cutting taxes instead, how large would the tax cut have to be?
Calculate the elasticity for each variable. On this basis, discuss the relative impact that each variable has on the demand. Illustrate what implications do these results have for the firm's marketing and pricing policies.
Would the worker be better or if, instead of the health insurance, she was given a £100 per week pay increase which would be taxed at 20%.
What is your total cost? What is your Average Fixed Cost? What is your Average Variable Cost? What is your Average Total Cost?
What amount of profit is the firm earning? Is this firm in a short-run or long-run equilibrium? Explain
Can Alpha make a credible threat to punish Beta with a retaliatory price cut
Analyze how a bartender would know which the price of an exotic drink was too low or too high.
The Fed attempts to increase the money supply to stimulate the economy, but plants are operating at 65 percent of their capacities and businesses are pessimistic about the future.
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