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This activity will enable you to: Describe the importance of economic analysis in real-world situations Thinking about situations and scenarios in the real world from an economic perspective can lead to somewhat different conclusions than if you were to think about these situations from an individual or social perspective. This […]

Just based on inflation, how much would we have to make today to buy the same items in the year you were born? Let’s assume to buy a house in the year you were born, it would cost $100,000. The prices of houses have gone up for a number of […]

Apply macroeconomic concepts to current and personal economic events and decisions. For this Final Report assignment, you can build off your previous economic brief and selected industry from Assignment 1 and examine one of the macroeconomic indicators or policies below: GDP growth Unemployment rates Inflation rates Interest rates Imports and […]

To write an original economic argument, consistent with the body of knowledge of economic principles. Assignment: Write a roughly 1250 word paper (1100-1400 words) that presents an economic story and uses an economic model that estimates some future outcomes to argues your solution to one of the Type 3 questions […]

Work through the National Budget Simulation in an effort to achieve a budget deficit of $1100B dollars. Scenario: The President of the United States has been elected on the promise of fiscal responsibility. By law he cannot reduce the net interest paid on the debt. The President’s budget is projected […]

3 questions economics problem set. Please show your work. Thanks Attachment previewSuppose the supply curve for cans of soda in your dorm is given by P = 2 + 0.01Q, where P is price and Q is the number of cans sold per day. The demand curve for cans of […]