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1Why study Economics in Information Age? What is the difference between Macroeconomics and Microeconomics? Give examles to substantiate your answer.2-Why does the demand curve slope down? Why does the supply curve slope up? Give examples.
3-What is GDP? How it is different from GNP? Does information technology help in assessing the GDP more accurately? How help it is for Economist in forecasting for future?
4-How do individuals of one nation trade money with individuals of another nation?
5- List the goods you believe are price inelastic and price elastic and explain why.
6- How do changes in exchange rates affect international trade? How do nations record their transactions with the rest of the world?
7-Define foreign exchange and the foreign exchange market. PROVIDE EXAMPLES. Distinguish between appreciation and depreciation of a currency. PROVIDE EXAMPLES
Airbus and Boeing compete in the market for big airplanes. Presume each produce only one type of airplane and the airplanes are identical. What will be Boeing’s profit if it decides first?
Monopolies always earn economic profits because of their privileged market positions. "How would you evaluate this statement"?
How changing the price elasticity of demand from elastic to inelastic affects the consumer's economic burden of a tax and the government's collected tax revenues?
question 1 australian greens health spokesperson senator rachel siewert on 17 may 2011 has recommended a floor price
Define a natural monopoly and what has happened to natural monopolies in recent years? Describe. Under which market structure does your type of business fall?
during the period 2006 through 2010 housing production in the united states fell from a rate of over 2.27 million
consider a monopolist with the following demand function q 60 - 0.667pa. graph the demand and mr lines. what is
Determine the optimal size of the shopping center (to the nearest 100 square meters) based on existing estimates of the demand for retail space.
Based on your answers to the previous two questions and with the benefit of hindsight, what is the lowest nominal interest that you would be willing to accept in this situation?
Customers arrive at a movie theatre at the advertised movie time only to find that they have to sit through several previews and pre preview ads before the movie starts. Many complain that the time devoted to previews is also long (The Wall Street Jo..
How could government subsidize a producer?
Economic Colleagues, first, pick one of the following: explain two effects of an open economy on monetary and fiscal policy, or evaluate the role banks play in world financial markets. Describe two problems with banks as international lenders ..
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