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What is inflation? What are the causes of inflation? Is inflation desirable and what can be done to control inflation in a market economy? What is the Consumer Price Index (CPI)? How has the CPI behaved since the year 2000? What have been the causes of these changes? In your response, include a graph of the CPI for this period and cite your source. What is the Producer Price Index (PPI)? How has the PPI behaved since the year 2000? What have been the causes of these changes? In your response, include a graph of the PPI for this period and cite your source. What is the Consumer Expenditure Survey (CE)? How has the Survey behaved since the year 2000? What have been the causes of these changes? In your response, include a graph of the CE for this period and cite your source. What do the measures above tell us about consumer behavior? Have incomes changed enough to offset the inflation since 2000? What can we predict about future inflation? What are the implications of these measures for government economic policies?
Using the Demand and Supply model anpredict what could happen to demand or supply curves and to equilibrium price. Include the curves in response.
New federal housing information demonstrate that the country's most overheated local housing markets make up such a large share of total United States market that a sharp fall in their value could stall or slow economic growth.
explain briefly what is happening in this economy before and beyond the equilibrium output level point "a". The equilibrium output is the level of output at which the 45-degree line intersects the planned expenditures line.
a)A cost minimizing firm's production is given by Q=L^(1/2)K^(1/2). Suppose the desired output is Q=10. Let w=12 and r=4. What is the firms cost minimizing combination of K and L? What is the total cost of producing output? b) Suppose the firm wis..
You are the manager of Taurus Technologies, and your sole competitor is Spyder Technologies. The two firm's products are viewed as identical by most consumers.
Name them six problems that complicate fiscal policy for policymakers. Please include examples and explanations.
Give some arguments for and against the critisim of the federal income tax exemption of interest on state-local debt as being an inefficient subsidy.
Early Classical economists found the subsiquent diamond/water paradox perplexing.
Compute the micro decision of Roe versus Wade actually have played a role in reducing the rate of violent crime in the 1990s? Does anyone has an opinion on this issue.
Describe and answer in economic terms the question, should a company hire temp teachers or hire new teachers?
Assume that there're 10 million workers in Canada and South Korea and each worker in Canada and South Korea can manufacture four cars per year.
Suppose the yield to maturity on a 2 year treasury note was 4.5 while the yield on a 1 year not was 5.5 assume that neither treasury note had coupon payments so the only payment was he face value received when the note matured.
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