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You now should realize how important it is for economists to try and predict future conditions of the U.S. economy. Economists are also interested in the performance of the economy at a more local level. Discuss how local and national forecasts play an important role in the State and Federal levels. There have been significant discussions on the government's fiscal policy during the Great Recession. In particular, many did not like the government's actions in salvaging the auto industry in providing guaranteed loans to GM and Chrysler. What is your opinion? Provide economic reasons for your opinion
Home Country: Given that the total market of the Home country is 900,000 units. Given the equations and parameter values above, solve for the equilibrium number of automobile companies, the number of cars each firm will produce, and the price of the ..
A geothermal heat pum can save up to 84% of the annual heating and cooling bills of a certain home in the norotheaster US. In this region, the yearly cost of conventionally heating and cooling a 2,000 square foot house is about $2,900. The maximum am..
Compute market price, quantity of wheat produced, and the new equilibrium number of farms in this new situation.
Fully explain your answer in a way that shows your understanding of monopolies. Your paper should be two to three double-spaced pages and formatted according to APA style as outlined in the Ashford Writing Center.
How does the AS during short run slopes? Draw AS curve in the long run. Explain the slope of the AS curve in the long run. What are the causes for the changes in AS (Shift)? What is Equilibrium in AD and AS. What happens if AD increases above equilib..
A proposed $2.5 million dollar investment at a 70 MGY (million gallons a year) facility will save the facility $800 k/ yr in energy costs. Assuming an interest rate of 5%/ yr, and equipment expected life of 10 years. Should the facility make this inv..
Show how the answer depends on the shape as well as location of the supply as well as demand curves.
Identifies and analyzes various elements, both legal and ethical, as they apply to marketing products and services in the United States. Cite at least 2 references that support your concerns and explain how these concerns are being actively addressed..
If deposits of $5,000 are to be made semi annually for ten years in an account earning 8% compounded continuously what lump sum would have accrued 15 years from now? Show all your work
Elucidate his production potential. In one person economy could this also be his budget line.
what happened to real output? by how much would the price index have had to rise for real income to remain constant?
Explain how do acts of intellectual piracy hurt American companies.
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