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Discussion
1. By now you 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 important roles in the State and Federal levels.
2. 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.
3. U.S. economy, like any other economy is globalized. In that context, will the policy of "America first" help U.S. economy grow at a steady rate? Provide references to your discussion.
Summarize an article using at least three economic terms and theories covered in class. Identify the impact of the policy on Demand or Supply of the good(s) or service(s). Discuss the change(s). Draw a supply and demand graph to explain this chan..
Given the following variables in the open economy aggregate expenditure model, autonomous consumption (C o) = 200, autonomousinvestment (I o) = 200, government spending (G o) = 100, exportspending (X o) = 100, autonomous import spending (M o) = 10..
Illustrate what are the major types of transactions or activities that result in demand for foreign currency in the spot foreign exchange market.
Write a study blog on local economic development. You may identify such a case as reported in newspapers, such as The Washington Post, Los Angeles Times.
The percentage of deposits which banks must keep in their vault to meet the withdrawal needs of depositors has increased. Which of the following actions by the Federal Reserve could have caused this change?
Choose a current event that addresses one of the following economic concepts: a. Aggregate demand and supplyb. Keynesian Economicsc. Fiscal Macroeconomic Policy
As in the case of oligopoly markets, rivals may select to compete aggressively, non-aggressively or in non-price dimensions.
a. What was the increase in GDP generated by Margret's activity? b. What are her certain contributions to consumption, investment, and net exports? c. What is the value of production that was newly created by margret's productive activity?
discrimination scheme is more profitable than a single monopoly price
What are the reasons for the poor economic performance of most countries in sub-Saharan Africa? Is it in the interest of high-income countries to promote the development of poor countries? Why?
The market for hog hats is competitive and demand is given through P=75-Q while supply is given by P=15+2Q. Determine the equilibrium price and quantity in this market?
It is possible for an activity to have both positive and negative externality. Identify three activities that result in both positive and negative externality and carefully explain the positive and negative externality that results.
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