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Discuss and contrast how your State and Metropolitan/Local Area GDP rates and personal income compared to the Rest of the U.S. by briefly summarizing the information within these categories. Such as, identifying the contributors to real GDP, personal income increases, or industry earnings within your State and Metropolitan/Local Area
What is the government budget balance? Does the government have a budget surplus, budget deficit, or balanced budget?
a. How would an economist explain the decline of the Alaska king crab fishery? b. Explain two programs you could institute to protect the fishery and still allow some crabbing again.
What does a positive correlation of supply and demand mean in a demand curve?
Suppose the Clean springs water company has a monopoly on bottled water sales in California. If the price of tap water increases, what is the change in Clean springs' profit maximizing levels of output, price, and profit?
Give four reasons why the factors prices may not be equalized across countries or each one, give a brief explanation and/or illustration of why it may prevent the factor price equalization theorem from holding.
For the term paper, you are required to pick a current economic topic that relates to the material we have covered or will cover in this course. You will research and find an article that covers the topic you have chosen.
How can two countries both be better off as a result of trade? How can tariffs protect U.S. jobs? Do tariffs lead to a net increase in jobs? Explain
The United State Congress is currently debating new budget. Most Republicans wish to reduce federal spending. Democrats do not want to decrease federal spending by as much as Republicans do.
What does her utility function say about her MRS of Coke for Pepsi?
Please give me a file or link of full documents about investigatory projects regarding cures and/or environmental problems like deforestation, pollution, etc.
Suppose that the nominal wage falls by x percent, and a certain change in the price level maintains the same real wage as before. In the SAS diagram these events cause.
The change in the quantity of product C demanded in any given week is inversely proportional to the change in sales of product D in the previous week. That is, if sales of D rose by X percent last week, sales of C can be expected to fall by X perc..
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