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Choose a macroeconomics article under these 3 categories from the major newspaper latimes or nytimes:1. the current economic situation? is the overall national economy improving or worsening? how fast? why?2. what is happening to prices? inflation vs deflation? what is happening and why?3.what is happening to the economies of europe? which economies are doing better than the U.S., which worse, and why? what is the impact on the U.S. of the performance and political economic policies of these other economies?
After choosing the topic do the article review which includes following steps?a. a short summary that clearly covers all of the fey elements in the article. this summary must show that you carefully read and understood the content of the article.
b.a short critique of the article indicating the strengths and weeknesses of how the article was written. this critique must discuss the following issues:--how complete was the article--were key questions or facts omitted--what biases or preconceptions did the author reveal.in this part b you cannot put summary or discuss whether you agree with the articles perspective.
c. 1. the author presented conclusions and/or made proposals about the topic and if so,2. indicating whether you agree or disagree with the conclusions and/or proposals made by the author and why you agree or disagree.NOTE- if the author did not gave any conclusion then you have to give a conclusion.
The winners of the Nobel Prize in economic science were recently announced-who were they? For what contribution to our understanding of economics were they recognized?
As seen during financial crisis of the 1930s and in history, markets are globally interconnected. Aside from financial markets, different countries have different resources.
Compare the automotive manufacturing industry today to the automotive manufacturing industry of the 1950's. Applying the economics of price and output, what is the difference between the industry of today and that of the 1950's.
Draw the indifference curves map corresponding to welfare function (1) with the rate of unemployment on the horizontal axis and the inflation rate on the vertical axis.
What could a president or other government policymaker do to raise a contry's standard of living.
Why would you expect the inflation rate to accelerate if the actual unemployment rate declined to a level lower than.
Compute the optimal price using the arc formula for elasticity. How does the arc formula for elasticity factor in to these equations.
The chance that the price of a college education will be the same 18 years from now as it is today seems remote. Assuming that the price will rise 3% per year, and that today's interest rate is 8 percent, what will your friend's investment need to..
Suppose a production function is given by f(K;L) = KL 2 What combination of labour and capital minimizes the cost of producing any given output?
Suppose that workers and firms could always predict next year\'s price level with perfect accuracy.
Sam arrived on campus at the beginning of the academic year with $480 to spend on textbooks and CDs. The price of a textbook is uniformly $80 and the price of a CD is always $20. Her parents made a deal with her - after Sam spends $240 of her own ..
The CEO of a major automaker overheard one of its division managers make the following statement regarding the firms's production plans:
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