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Production Possibilities Under what conditions is it possible to increase production of one good without decreasing production of another good?
Write a letter to the CPSC explaining what happened and what you think the agency should do.
Look up meaning of each of these items in an encyclopedia or online. How useful is the label to you? Do you believe food product is a healthy part of your diet?
Determine the Best Type of Aid Imagine that you have been given control of the USAID program. How would you spend this money to do the most good?
What was the relationship between the lack of inflation in the economy in late 2003 and the large numbers of unemployed and underemployed workers?
What is the equilibrium interest rate in this example? What are two events that might cause the equilibrium interest rate to increase?
What has happened to the federal funds rate and the price of oil since 2006?
Explain how this story is related to economic problems that take place when the Fed tries to move production in the economy to exceed its potential.
Why should you buy the car now or wait for lower interest rates? What else should concern you? Explain your answers.
How much of your bi-weekly pay would you take in cash, deposit in your checking account, and put in your saving account?
How would this change the value of the money multiplier? What would this do to the amount of each checking deposit that banks could lend?
How much would you need to save during each of two summers to reach your goal? Explain your plan in several paragraphs.
Identify Depository Institutions Make a list of all the depository institutions that have offices in your community.
Describe how the multiplier effect would have increased the total increase in spending to far more than original $15 billion President Clinton wanted to spend.
Sticky Wages Imagine that you are 20 years older and married with two children. Would you agree to the pay cut? Explain your answer. Why are wages "sticky"?
How successful do you imagine this program was? Investigate the program at your library or online to find out whether your expectations were correct.
How much of this amount should they spend? How does this situation demonstrate a problem of achieving an efficient level of public goods?
What principle of taxation is each of these proposals based on, and which would you support? Explain your answer.
Your boss has asked you to go on a sales trip to Chicago next weekend. She has offered to pay you an extra $500 if you agree to go. Would you accept this offer?
Write a letter to your congressional representative expressing your concern and listing step you think the government should take to reduce the size of deficit.
Decide whether you believe this is a good or a bad idea. Then write several paragraphs that identify and explain reasons for your point of view.
What might have justified such a high tax rate at thaWhat might have t time? What impact do you think such a high tax rate would have on the U.S. economy today?
Write another paragraph that explains which side of the debate the writer of the article is on and summarizes the writer's basic argument.
Calculating Labor Productivity The ABC Bowling Pin Company employs 20 workers. What was the average hourly value of each ABC worker's production?
Between the same years, the German CPI increased from 120.0 to 122.4. What was the real growth in Germany's real GDP in this time period?