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1. Find an internet article that relates to economics.
2. Draft a two page typewritten double spaced report on that article.
3. On page 1, simply summarize the key elements of the article.
4. On page 2, start with the statement, "The economic principle applicable to this article is ........."
5. The remainder of page 2 will be how the article shows the application of the stated principle.
Which of the following is most likely to be an example of economies of scale? A. The per-unit costs on Excel Publishing Company's manuals fall because it adopted a new technology following a large order from the government. B. Alpha-Beta Inc. rais..
Are natural disasters causes of inflation or deflation. Explain where might the public see the evidence.
Explain how would either decision change if the government imposed a 20 percent tax on earnings and interest income. Illustrate what would happen if the government exempted interest income.
Assume that the soft coal industry is a competitive industry and it is in long run equilibrium. Now assume that the firms in the industry form a cartel.
Depends on the demand curve above, what is the relationship between good X and good Z. What is the equation of the demand curve if consumer incomes.
The one-year real rate of interest is currently estimated to be 3 percent. The current annual rate of inflation is 2 percent, and market forecasts expect the annual rate of inflation to be 5 percent. Approximately, what is the current one-year nom..
Give an example of a fairly major purchasing decision you've made in your lifetime. How did you justify the purchase.
Banks fail when all depositors try to withdraw money at same time. One way to stop this problem would be to need banks to hold 100 percent of deposits on hand.
Illustrate what factors shift your demand for goods . Give an example of how a demand determinant shifted your demand for a good.
Consider the process by which the economy self-corrects following an initial increase in aggregate demand. This process is similar to the process of self-correction following an initial decrease in aggregate demand, but in reverse.
Utilizing Starbucks as the organization, please help identify the market structure of the organization. Evaluate the effectiveness of this structure for the organization.
Describe how a budget constraint of a house hold in a two-period model is affected by each of the following changes. In each case, do you think the household is better off , or worse off, or is it ambiguous.
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