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What is the European Union? How do debt problems in Greece and Spain affect the European Union as a whole and its member countries? What are the potential political implications of the austerity measures being currently being proposed in Greece and Spain?
Assume that Congress imposes a tariff on imported autos to protect the U.S. auto industry from foreign competition.
Economics has a notoriously bad reputation among students. They assume it will be dry, boring, and not relevant to their lives. They also think it's hard because the course content must be understood rather than memorized. Why do you think economics ..
Graph the demand curve on a standard supply and demand graph. What is the quantity demanded of corn at a price of $6.00 per bushel? at $4 per bushel? Using the midpoint formula for the price elasticity of demand, calculate the price elasticity of dem..
Calculate the price of elasticity of demand for paint and show your calculations. decide whether the demand for paint is elastic,unitary elastic, or inelastic. explain your reasoning and interpret your results.
The price of twinkies fell from 0.80 to 0.70.As a result,the quantity demanded of Ho-Ho's decrease from 120 to 100. Illustrate what would be the appropriate elasticity to compute. compute this elasticity.
Why should this policy be undertaken under conditions where economy is at some GDP level less than full employment level? You may use a long run aggregate supply curve to bolster your argument here.
What do economists mean when they say markets are mutually interdependent? Give an example to support your explanation
illustrate what fee customers were willing to pay for expedited payments, the bank conducted a survey. It was able to determine that many of the people surveyed already paid fees for expedited payment services.
What do the data in exhibits 1 &2 tell us about Brazil's economic performance over the last 30 years. Critically evaluate Brazil's performance during the 2000's: The Lula Years. How would you, as newly elected leader of Brazil, address the "custo Bra..
q. assume that the feds inflation target is 2 percent potential output growth is 3.5 percent as well as velocity is a
Some say which we should propose an amendment to the U.S. Constitution which would need a balancing the federal budget
Illustrate which combination of fiscal policy actions would be most contractionary for an economy experiencing severe demand-pull inflation.
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