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PURPOSEThe purpose of the assignment is to assess learners understanding on the effects of an event to a commodity market equilibrium.
REQUIREMENT
Assuming fuel is one of the main input for many sectors. When a war breaks out in Country A, which is the main producer for fuel in the world, it causes fuel supply disruptions in the world. Discuss the market equilibrium for fuel and car after the war outbreak.
Following the war, the government of Country A would like to impose tax RMx on cars. Ilustrate and explain with graph for the car market due to the taxes (Assuming the elasticity demand for car is elastic). In your opinion, who will bear more of the taxes imposed-suppliers or consumers?
Suppose you read in the newspaper that all last week the Fed conducted purchases in open market, and that on Tuesday of last week it lowered the discount rate.
Interest on the public debt is included as a part of government purchases in the determining GDP may arise since.
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Elucidate how would this increase in confidence affect the value of the dollar. Elucidate how would it affect the trade deficit.
Assume the Bills have the chance to offer a season ticket that is good for all eight home games, a partial season ticket that is good.
You arranged the subsequent information to use in evaluating the financial feasibility of starting your own agency.
It is possible for a company with positive retained earnings to be unable to pay cash dividend since they may not have the cash supply.
Illustrate what is the efficient price of water. Illustrate what are the quantities of water allocated to agricultural also industrial use.
Explain how did the invention of crack cocaine transform the urban street gang. As per the data cited in this chapter, civil rights laws and a shift in the attitudes in the United States regarding race helped to improve the status of black society..
Analyze the equilibrium cost and quantity in this case and label it on your graph. Moreover calculate, deadweight loss, consumer surplus as well as industry profits.
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