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Q. Go to the OPEC Web site, www.opec.org also fined the present "OPEC basket price" of oil. By clicking on which amount, you will find the yearly prices of oil for the past 5 yrs. By illustrate what percent (%)age is the present price higher or lower than 5 yrs ago?
Next, utilize the interactive feature to find U.S. real GDP for the past yrs. By illustrate what percent (%)is real GDP higher or lower than it was 5 yrs ago? Illustrate what if, anything cans you conclude about the relationship between the prices of oil also the level of real GDP in the United States?
If Sammy refuses to contribute to the butterfly garden, he'll not be able to enjoy its benefits if it is built.
Discuss the Social Security System, current status and future outlook. Be thorough and focus on the economic considerations. Cite at least 6 sources.
Elucidate why are shortages or surpluses more likely with preset costs, such as those on tickets, than flexible costs
At what level of output will this firm maximize profit. Elucidate what is the level of profit for every unit of output produced at equilibrium.
The equilibrium price of coffee mugs rose sharply last month, but the equilibrium quantity was the same as ever.
Mustard and mayonnaise are substitutes. Mustard and relish are complements. Mustard is a normal good. During the summer, about 50% of all mustard was recalled by manufacturers and removed from store shelves.
Hana's rounded one-year rate of return earned from her purchase of the Treasury notes is equal to illustrate what %.
what is the approximate real rate of interest. Illustrate the exact real rate.
Using the calculations from part a, and the methods described in class, calculate a 99% confidence interval for the population mean forecast, where the population 3 would consist of all economists.
Illustrate the effect of increasing Government spending on all the macro-economic variables assuming a horizontal AS curve.
firm competing in a monopolistic competitive market. What conditions exist when economic profits are maximized.
Effects on equilibrium cost as well as quantity when wages for all dental assistants enhance, increasing the expenses of inputs.
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