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1. What are the physical features of your community? Research this question by looking at maps that indicate the geographic features of your community. What did you learn about the physical geography of your community that surprised you?
2. Why did your community develop in the first place? Why do people live there? What physical characteristics of the natural landscape contributed to the population growth of your community?
3. How many people are in your community? Has this number increased or decreased in the last twenty years?
4. What factors caused people to migrate to your community in the past? What are current factors causing people to migrate to your community?
5. Who are the people in your community? What racial or ethnic groups are present? What other demographic information can you find about the people in your community?
6. Locate a map illustrating the spread of a virus in your community. How is this type of information useful to you?
Assume that in a private closed economy consumption is $240 billion and investment is $50 billion, both at the $280 billion level of domestic output.
When we study technology we should consider how technology is changing and how those changes affect the world around us. Considering how the world into which someone was born in 1955 was different in 2015 when that person would turn 65. What changes ..
A friend of yours just bought a new sports car with a $4,000 down payment, and her $25,000 car loan is financed at an interest rate of 0.25% per month for 48 months. After 2 years, the "Blue Book" value of her vehicle in the used-car marketplace is $..
A one billion dollar increase in government purchases will have a greater effect (multiplier is greater) on GDP than a one billion dollar decrease in taxes because:
Explain the viewpoints of classical and Keynesian economists. How did the economy that existed at the time of these theories influence them? Which theory is more appropriate for the economy today? Why?
Considering expected return and risk, which projects are good candidates? The firm believes it can earn 5% on a risk-free investment in government securities
The ________ suggests that when real GDP equals potential GDP, quantity of money increases and brings equal percentage in the price level. Velocity of circulation, equation of exchange or quantity theory of money
Larry Bush, was on his second audit job on the East Coast with a new client called FSK. He was looking through the past four years of financials and doing a few ratios when he noticed something odd. Bush discovered that the company was clearing the r..
Andy and Bobbi each have a job that pays $100,000 per year. Andy has a 5% chance of contracting an illness that would allow him to only make $60,000 next year while Bobbi has a 10% chance. (i) calculate each person's expected income for next year. (i..
Depreciation taken in the third year if the machine is also sold during the third year.
Suppose that in Year 1 an economy produces 100 golf balls that sell for $3 each and 75 pizzas that sell for $8 each. The next year the economy produces 110 golf balls that sell for $3.25 each and 80 pizzas that sell for $9 each. The value of nominal ..
What is the equilibrium income level and rate of interest? Suppose there is an increase in t from .15 to .20 . What will be the change in the equilibrium level of income and interest rate? Suppose there is a decrease in government expenditures (G) fr..
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