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Impact of Economic Indicators on Auto Sales Industry
Using real GDP, unemployment rate, consumer price index, foreign exchange rate/auto sales, and oil/gas prices, prepare a 1,000 word paper in which you define each of the indicators as related to the auto sales industry, and describe its current status. If possible, present a separate graph for each indicator illustrating the historic trend for each.
In the paper analyze the relationship among inflation, unemployment, and the business cycle on the auto industry. Then, assess the impact of inflation, unemployment, and the business cycle on the auto industry.
Illustrate and explain the interaction of households, businesses, government and global markets in the circular flow of economic activity.
Elucidate what would the elasticity of supply have to be for a food stamp program to increase the availability of food to the poor with no prices increase.
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The government imposes a fixed fee per year on each firm operating in a competitive market.
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The agricultural market for corn usually can be characterized as a purely competitive industry. How might the following events affect the shot-run cost curves and output for a firm in the industry?
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