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The solution to Inflation
1. How is inflation measured?
2. What are the causes of inflation?
3. Are natural disasters causes of inflation or deflation? Where might the public see the evidence?
4.What are the costs of inflation?
5. Why is inflation so widely feared?
Elucidate what is your interpretation as to whether or not capital gains taxes should be raised or lowered.
Suppose that in the market for comic book illustrators the substitution effect dominates the income effect While visiting Comic Con.
Suppose Congress wishes to reduce the budget deficit by reducing government spending. Use the IS-LM model to illustrate graphically.
What would he buy the health insurance at a premium cost of $1,500? Why or why not. What implications can be drawn from the analysis.
Consider the following data on US GDP-What was the grwoth rate of the GDP deflator between 1999 and 2000?
Utilize an elasticity concept to elucidate each of the following observations.
When McDonalds Corp reduced its price of the big mac by 75 percent-Using your knowledge of game theory, what do you think disrupted McDonald's plan?
Use the following data for a pure monopoly to calculate the firm's-its profit-maximizing output level and produce price;
how percapita income fiscal policy laws local economies and census data affect the ability to fund governmental functions.
Consider the market for fresh produce in Snowland. Fresh produce is produced expensively in hothouses in Snowland.
Suppose the company is considering using an amount equal to 10 percent of its retained earnings to invest in one of the two mutually exclusive projects.
Utilizing the economists model of individual choice comparing the marginal costs and marginal benefits of a choice.
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