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Write a three to four (3-4) page paper in which you: 1.Identify at least four (4) key points of a relevant economic article from either the Strayer Library or a newspaper. The article must deal with any course concepts covered in Weeks 1-8. 2.Apply one (1) of the following economic concepts (supply, demand, market structures, elasticity, costs of production, GDP, Unemployment, inflation, aggregate demand, and aggregate supply) to the key points that you highlighted in Question 1. 3.Explain how the concept that you identified in Question 2 could affect the U.S. economy. 4.In your concluding paragraph, state whether you agree or disagree with the economic article identified in Question 1. Provide a rationale for the response. 5.Use at least three (3) quality resources in this assignment with one (1) being your article. Your assignment must follow these formatting requirements: •Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions. •Include a cover page containing the title of the assignment, the student's name, the professor's name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length. The specific course learning outcomes associated with this assignment are: •Analyze the dynamics of supply and demand to anticipate market equilibrium. •Analyze the elasticity of demand and supply and its importance, and the effect of taxes or other public policies. •Describe the impact of various forms of competition on business operations with emphasis on perfect competition. •Use technology and information resources to research issues in principles of economics.
Illustrate what is the cost of the same basket of goods and services in 2005.
1. which of the following is not a topic studied in macroeconomics? gross domestic product the unemployment rate the
if the income levels of all individuals are equal the population index of demand for physician services will be
Show the price and output that maximizes profit in this graph. Then use math to calculate the price and output that will maximize the firm's profit. Calculate your profits at this price and output level.
The treasurer of a U.S. firm noted that although short run deposits in Swiss bank accounts had earned the company only a 3% annualized return when measured in Swiss francs, in dollars the company had realized a 12% rate of return.
With the price floor at $0.17 per pound of cheese, producers sell 212.5 billion pounds of cheese (some to consumers and some to the USDA). How much producer surplus is created now?
Consider the transition (towards market capitalism) experiences of Russia, Poland and China.
What are three to five macroeconomic variables that affect the demand for and/or supply of the products or services produced by Verizon Wireless?
At the same time, Chinese consumers' incomes have risen. Assume that cars are a norma good. Use a diagram of the supply and demand curves for cars in china to explain what has happened in the Chinese car market.
Identify at least four policies from the textbook that the government has created to impact economic growth and productivity.
The U.S. government spends over $15.8 billion on its Food Stamp Program to provide millions of Americans with the means to purchase food.
draw lorenz curves for 2 income distributions. can you say which distribution isnbsp more unequal based on the
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