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Assignment
Here are the websites for a few of the government agencies that are responsible for collecting data and making economic policy:
https://www.commerce.gov/https://www.bls.gov/https://www.cbo.gov/https://www.federalreserve.gov/
look up all the above websites listed and complete the following question(about 2 pages)
a) What recent economic trends or issues are addressed there?b) Select ONE economic issue from each website listed above.c) Explain each economic issue in 6 to 10 sentences.d) Please cite the source for each economic issue.
Sheila takes out a $20,000 loan over two years with a monthly repayment of $941.5, at an annual interest rate of 18% compounded monthly. Show the first three months of the amortization schedule in tabular format.
Demand function Q=101603.210745184-16.269.7144609901*P+1.44286043518601*A (1) Using the estimated demand equation, calculate an own-price elasticity. (2) Discuss the meaning of the obtained own-price elasticity. Is it elastic? Inelastic?
An estimate of the physician’s marginal product rises up to 25 hours and then slowly falls to zero at 110 and thereafter negative. Graph both the marginal and total products of labor based on this information.
Economic Factors and the Impact on Aggregate Supply and Aggregate Demand
Relates to content and skills covered in Week 7 of the Weekly Study Program, Chapter 32 of Ganset al. (2012). Refer here to the comments given for Week 7 for assistance in answering this question.
Describe how each of these activities affects government, households, and businesses. Describe the flow of resources from one entity to another for each activity.
The market for gasoline has changed in a couple significant ways over the last few years: Describe how these changes affect the supply of and demand for gasoline. What is the overall effect on equilibrium price?
most americans love participating in or at least watching sporting events. some feel that sports have more than just
Discussions of externalities, explain why you would agree or disagree with a policy similar to the one in Edmonton. Are there any other policies that could help achieve the optimal amount of noise pollution?
the olde yogurt factory has reduced the price of its popular mmmm sundae from 2.25 to 1.75. as a result the firm daily
Suppose the demand for oranges in the U.S. is: P = 5.35 - .012 Q. Where Q is the quantity demanded for oranges in the U.S. (measured in millions of boxes per year) and P is the price per box. Suppose the current price of oranges is $3 per box. A deep..
Consider a nation that produces baseball mitts and soccer balls. The following table shows the possible combinations of the two products: Baseball Mitts 0 2 4 6 8 Soccer Balls 30 24 18 10 0
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