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Please help with writing essay a 1-2 page for each of the four questions in the format requested below:
1. What is an economic variable?
2. Define a partnership.
3. Explain how unemployment changes over the business cycle. Why do these changes occur?
4. Explain why the monopolist has no supply curve?
Please cite all sources used and no plagiarism, this professor is a tough one.
explain in detail about gdpinflationunemployment and cpi with graphs respectly and the problems associated with
GDP is $15 trillion. Consumption is $10 trillion, and government spending is $2.5 trillion. Taxes are $1 trillion, and the net capital inflow is $0.5 trillion. Investment is ______trillion dollars.
Increased use of vehicle identification numbers on automobiles was encouraged by insurance companies because of their impact on the market for stolen cars. Which aspect of the market would this impact The demand side, the supply side, or both Wh..
If a monopolist claims his profit-maximizing markup factor is 3, what is the corresponding price elasticity of demand?
Do a market analysis for the product. Each group may carry out some desk research and fieldwork and do a write up on the following details of a product your group have chosen.
What is division of labor society and how does it give rise to a science like economics? Name and explain two ways that the division of labor increases the productive capability of an economic system.
Define, explain the differences between, and give an example of
The percentage of deposits which banks must keep in their vault to meet the withdrawal needs of depositors has increased. Which of the following actions by the Federal Reserve could have caused this change?
Now generalize this example. Let P be the price of the bill and r be the interest rate. Develop an algebraic formula expressing r in terms of P. (Hint; The interest earned is $1,000 - P. What is the percentage interest rate?) Show that this formul..
"What are some reasons why the unemployment rate is typically lower in the United States as compared to Canada and some Western European countries?"
Assume that the soft coal industry is a competitive industry and it is in long run equilibrium. Now assume that the firms in the industry form a cartel.
Respond to the following question with three well composed paragraphs: Does the fact that something is abundant mean it is not scarce in the economic sense? Why or why not?
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