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Q1. In reading the national business news that mortgage rates improved by 50 basis points. If mortgage rates were primarily at 6.5%, what are they after this increase
Q2. You are asked to address a professional meeting and explain microeconomics, macroeconomics and their dissimilarities?
Q3. What are the main differences between microeconomics and macroeconomics? Elucidate an example of a microeconomic and macroeconomic phenomenon. Would you give an example of a microeconomic decision you have made at home or work? What issues contributed to making that decision? Illustrate an example of how a macroeconomic phenomenon has impacted a personal or business decision of yours? What was the result of your decision at the end? Write out the text of your speech.
Assume that household consumption decision suddenly become less sensitive to change in the rate of interest.
Find out statistics on the web from 2004 to present on the fillowing indicators of the macroeconomic conditions of U.S. economy:
Find out his utility maximizing H and L. Assume he is not eligible for welfare. Now assume he is eligible for welfare. Does he take welfare or work.
Graphically elucidate how electrical monopolist would determine its profit maximizing price and output level. Identify the area of consumer and producer surplus for the profit maximizing monopoly.
Compute demand of price elasticity of for natural gas sold to the US.
During tough economic shocks in our economy, you will find that the government is needed to get involved. How do you think the government can help improve market outcomes?
Analyze how a bartender would know which the price of an exotic drink was too low or too high. Provide adequate conceptual justifications.
Assume that marginal propensity to consume is constant at 1/2 and breakeven point is $8,000. If income is $10,000, n how much will be consumed and how much will be saved.
Elucidate why haven't the changes to campaign finance laws passed in 2002 been effective in stopping the flow of soft money
Suppose that business buy a total of $120 billion of the four resources (labor, land, capital, and entrepreneurial ability) from households. how much in revenues do businesses receive in the product market?
Find out the equation for the linear supply curve which fits this information. What would the new equilibrium price and quantity be if supply were to increase by 20%.
Assume that the nation is not large enough to affect the world price. Illustrate the effects of a tariff on imports.
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