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Find a pop culture reference (from TV, movie, music, magazine...) of an economic concept. The reference can be anything we have covered in class: an economic definition, economic principle, reference of a market situation that can be graphed, or government policy that affects the economy. The main goal is to make Ms. Chapman laugh. If you submit something that is either not pop culture or not funny - you will not get extra credit. Be Creative!You MUST provide the Source.You MUST provide the Direct Quote.You MUST describe the economic concept.
Explore in particular how the two companies respond to the macroeconomic conditions in terms of their.
q1. what is true about using the least squares method of plotting an estimated regression line on a scatter diagram?q2.
Determine whether demand is elastic, inelastic, or unit elastic with respect to its own price and whether Good Y is a substitute or a complement with respect to Good X.
expectations of the business community are increasing into areas beyond the core product or service into consideration
Illustrate what kind of gap-inflationary or recessionary-will economy face after shock and illustrate what type of fiscal policies would help move economy back to potential output.
q.the manager of the aerospace division of general aeronautics has estimated the price it can charge for providing
Critics of this approach countered that a “zigzag path” that leads to new knowledge about economic phenomena or economic problems is clearly preferable to a “precise path” that leads only to endless refinement of what is already known. What is you..
Assuming that the marginal product of labor is constant between 10 also 11 workers also the marginal product of capital is constant between 3 also 4 machines.
Presumptuous the demand curves were linear or graphically demonstrate your reasoning.
Why is an increase in number of varieties of a good regarded as a gain from trade. Can you think of economic disadvantages associated with greater product variety.
Explain why domestic producers who supply a good that competes with imports would prefer an import-substitution approach to trade rather than an export promotion approach. Which policy would domestic consumers prefer and why.
q.when money decreases in value because of inflation people tend to place less trust in it as a method of storing value
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