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Remember the warm up activity in the first section of this unit? You were instructed to find an article that discusses the current state of the U.S. economy. Take this article (or one similar to it) and write a two- to three-paragraph summary of the article. In your summary, include any references to GDP or U.S. economic policy. Explain how these relate to what you have learned in this section. Also include an explanation of the writer’s opinion of the U.S. economy. Is it growing or declining? What evidence does the writer provide to support this opinion? Discuss how this article reflects what you have learned in this section. Be sure to include information regarding where you found the article (name of publication or website address) and the name of the author of the article as well as the date of the article.
Describe the four types of regional trading agreements discussed in class and show how each type creates a greater and greater level of economic integration. Using the European Union as your example, describe the challenges associated with the variou..
What can be said about the benefits and problems of each dimension (economic, cultural, political and environmental) of globalization? Is globalization a positive force overall?
A monopoly is considering selling several units of a homogeneous product as a single package. A typical consumer’s demand for the product is Qd = 80 - 0.25P, and the marginal cost of production is $120. Determine the optimal number of units to put in..
Springfield Medical Associates, LLP, which has 10 doctor-partners, is engaged in the practice of medicine. One of the doctors, Teresa, is supposed to mentor a new doctor, Dan, but has been so busy she has been unable to do so. Dan recently committed ..
Propose at least three methods that governments should employ to reduce their exposure to asymmetric information problems when attempting to identify entrepreneurial projects supported by public funds
Are any of the types of things that couples hide statistically independent of the gender of the respondent? Explain?
The Case in Point titled “Some Reflections on the 1970s” describes the changes in inflation and in unemployment in 1970 and 1971 as a watershed development for macroeconomic thought. Why was an increase in unemployment such a significant event?
What is the annual worth of an asset that costs nothing and gives you benefits of $3 in years one through 10? Assume your MARR is 20%.
Assume that PY increases by 15%, what percentage effect on quantity demanded of product X could be expected.
Is the US economy moving more toward concentration or toward competition? If it's moving toward concentration, there is a need for antitrust laws. But if it's moving more toward competition (the view of the Chicago school), do we really need antitrus..
Illustrate what would happens to P* if there is a decrease in demand followed by an increase in supply followed by another decrease in demand.
q1. jaes building a corporation which follows short-run cost functionq3 - 10q2 36q.a. illustrate what is the level of
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