Economics questions

          1) Explain why inflation is bad for the economy 2) Explain what taxes are and why we need them. Mention one tax that we use and where it can be found. 3) What is a Monopoly and Oligopoly? What are their features 4) What is an...

Economics questions

        1) Discuss the circular flow of income in four sector economy. 2) Discuss the expenditure method of measuring national income. 3) What is the difference between GDP and GNP? Is one a better measure of income/output than the other? Why? 4)...

Economics questions

          Write a two-to-three-page answering the following questions: What are the similarities between the time value of money formulas (from Week 3) and the NPV analysis in the Week 4 discussion? What is the purpose of NPV analysis? Be sure...

Economics questions

Suppose the U.S. government passes a law that mandates that gasoline will now cost $10.00 a gallon. Consider the following questions: What does the supply and demand model predict will happen in the market? Show graphically. What will happen to consumer and producer...

Economics questions

Youtube: Did COVID cause the supply shortages?More than 49.1% of U.S. imports pass through which two ports?How much increase in ship traffic and container traffic was there in February 2021?For every 100 containers imported to U.S. how many containers were...