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What were the macroeconomic principles or models that influenced your decision making?
Identify some of the major companies in this industry. Add anything else about the industry that you think is interesting.
What are the three types of unemployment? Unemployment is seen by some as undesirable. Are all three types of unemployment undesirable?
Describe policies that could stimulate the economy? Defend your answer with a detailed evaluation that demonstrates clear, insightful critical thinking.
Discuss what GDP is and what it measures? Discuss what the shortcomings (limitations) of GDP as a measure of well-being and welfare of a nation are?
How important is the division of labor to a capitalist economy? How does the division of labor lead to more efficient production?
What about your sales force located around Ukraine? What are the major risks with what is happening and how would you mitigate them?
Describe the effect that changes in business taxes, personal income, and transfer payments have on a country's gross domestic product (GDP).
Do you think the government can provide goods and services to the public as efficiently as or better than the private sector?
What did you find most striking or unusual in the given income levels and growth rates of the different countries?
In this exercise, you will demonstrate your ability to find macroeconomic data from public sources and to display it in an Excel spreadsheet.
Briefly summarize the key points of the article. Which of the four goals listed above does the Fed's activity from the article aim to promote?
What might be some of the costs of unemployment, to the unemployed worker and to the society as a whole, besides the worker's loss of income?
What is your interpretation of the phrase act local, think global? Give specific examples and cite your information.
Discuss how comparative analysis, trade restrictions, tariffs, and exchange rates of your chosen country will impact the decision to expand.
Discuss how the balance of payments can influence exchange rates and purchasing power. Then take a position either for or against trade deficits.
What effect does the level of government have on the available sources of funding?
How is the adjusted gross income calculated, and why is this used as an income base in taxation? What is the usefulness of a use tax?
What helps economists forecast the economy? Imagine you are presenting the index of the leading indicators concept to a small group of newly hired analysts.
From the tables presented in Chapter 17, what did you find most striking or unusual in the given income levels and growth rates of the different countries?
How do changes to the federal funds rate affect the unemployment rate? Explain by using information from the textbook.
Create the same scatter plot but using all countries in the database. Was there convergence in this period? What about for a subsample of countries?
How does John Tamny view the national debt? What is your conclusion? Is this a problem, why or why not? Be sure to support your conclusion with facts.
How will this analysis be used for making decisions regarding public expenditures? Did the economic theory influence your cost-benefit analysis?
What is measured and, just as importantly, what is not measured? What has GDP been for the latest three quarters here in the US?