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General Economics Recently Posted Questions

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The automobile industry in which you examine one of the macroeconomic
 2–3 page on the automobile industry in which you examine one of the macroeconomic variables below: Real Gross Domestic Product (GDP). The unemployment rate. The inflation ra …
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Chapter 10/11 Discussion - How can we apply these concepts
Chapter 10/11 Discussion In Chapter 10 and 11 we discuss  the concepts of Externalities, Common Recourses, and Public Goods.  How can we apply these concepts to what is going on today …
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Week 6 Discussion - Consumer Surplus, Producer Surplus
Week 6 Discussion Consumer Surplus. Producer Surplus. Total Surplus. How are these concepts used to explain welfare economics? How are these concepts used to explain the benefits of trade? How are …
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4/5 Discussion - There seems to be a big divide when it comes to the role of the market
4/5 Discussion This past week we discussed the impact of price controls on the economy. There seems to be a big divide when it comes to the role of the market and the role of the government in toda …
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Disscusion 3 - Pick a product or service that you consume
DISSCUSION 3 Pick a product or service that you consume on a regular basis and speculate on what the elasticity of demand might be for that product. What might be the income elasticity of …
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