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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.
Illustrate what should be the construction level if fixed costs rose to $48,000 per month?
Industry-land was so named because it is highly industrialized. It is a world leader in production of manufactured goods. If industry-land put all its productive efforts into manufactured goods, it could produce 1,000 units per year. Draw a produc..
Elucidate why is productivity related to the standard of living. In your answer be sure to explain what productivity and standard of living mean. Make a list of things that determine labor productivity.
A political campaign manager must decide whether to emphasize television advertisements or letters to potential voters in a reelection campaign.
assume that isoland has a closed economy. Isoland national investment is $50,000,000, its private saving is $60,000,000 and its taxes minus transfer payment equal $65,000,000. Explain how much are islonad's government purchases.
Analyze the consequences of such a bill and whether or not you would personally favor it. Consider all the costs involved in your analysis.
Compare and contrast Francis Edgeworth’s contributions to John Bates Clark’s contributions. Who do you feel made more significant contributions to modern economic theory?
What is a budget deficit. Explain how are budget deficits financed? Why do Keynesians believe that budget deficits will increase aggregate demand.
Explain why perfect personalized pricing is typically more profitable than menu pricing.
Suppose that you save all of your money to spend next year. Explain how much will you be able to spend next year. How much will you be able to spend this year.
Fed's policies both in terms of the positive also negative consequences of such policies also in relation to the Keynesian also classical theories.
How do the buyer's returns compare with the method of payment, and how do they compare with single versus multiple bidders.
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