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Consider the following event: Due to severe damage, a gas pipeline supplying gas to Arizona was shut down for a few weeks in the summer of 2003. Gas became scarce in Arizona, and prices rose, causing consumers to panic.
Predict how the following event affected the market equilibrium.
Illustrate what are the three major categories of expenditures for the federal government. Explain whether or not we should be concerned with net interest outlays and national debt.
How many "spells" of unemployment occur each year in this economy? What percentage of the "spells" are only one month long?
Give salary subsidies to firms that hire the less-advantaged. Initiate a federal training program the raises the skills of poor individuals.
If the government of Amityville used a subsidy of $S per unit to encourage the optimal amount of chocolate production, illustrate what level should that subsidy be.
Compute the total cost of providing this insured service to the plan before and after the change in coverage.
Derive LM curve through one of the standard methods used in Macroeconomics. Be sure to label all axis and curves on your graph. Describe in writing to what your derivation brings equilibrium and how it accomplishes this.
You observe that output is above full-employment output. Politicians are discussing about the possible reasons. One party claims that this is due to a drop in world oil prices.
Explain demand for cassette players is price elastic also they are cyclical normal goods.
In providing assistance to the states like Washington has in the past attached strings which have dictated state legislation.
Explain why is efficiency lost at the extremes as when substantially more of one good and very little of another is produced?
Illustrate what are three key macro-economic indicators that you could use to assess conditions that apply to your reference organization.
Efficiency and sustainability are management goals with respect to renewable resources. As Field explains, biological and economic considerations are typically blended in determining the efficient allocation of these resources.
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