Which of the following is a macroeconomic topic? a) why plumbers earn more than janitors b) the reasons for the rise in average prices c) whether the army should buy more tanks or more rockets d) the reasons for a rise in the price of orange juice
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- PLEASE FILL IN THE CHART BELOW FOR THE ARTICLE!! Microeconomics For the article, write the number of the graph that best describes what happened. Fill in only the appropriate boxes in each chart for each article and be sure and indicate if it is an increase or a decrease. Recent flooding in Australia, have driven up prices for items ranging from coffee beans to beef. Prices of corn and soybeans, used as feed for cattle and chicken, have leapt over the past six months, pushing up meat prices. As a result, meat prices have also increased. Restaurant chain Johnny Rockets, known for its burgers, uses about eight million pounds of ground beef a year, and its prices have risen over the last two months, says Ray Masters, senior vice president of purchasing and distribution. Fill in the Answer sheet for the article. Make sure you fill in the graph using a ⬆ Leave it blank if there is no change. Use a ? If you can’t tell if there is a decrease or an increase. Use the graphs attached…What is Microeconomics? What is the price elasticity of demand? What are the various methods of computing elasticity of supply? Explain the concept of positive and normative economics? Enumerate the 3 Steps in formulating policy?Please give a detailed answer for the below image.
- Indicate whether each of the following statement applies to microeconomics or macroeconomics: An unexpected freeze in central Florida reduced the citrus crop and caused the price of oranges to rise.Classify the following as microeconomics or macroeconomics and provide a justification for the choice 1. Airlines projects a drastic reduction in international travel for this quarter. This might result in the layoffs of workers 2.The impact of an increase in the price of computer chips on the market for personal computers 3. The relationship between the inflation rate and changes in the quantity of money 4. The decision by Mc Donald's to hire fewer workers because of an increase in the minimum wageSan Jose Mercury News, March 31, 2020: "As classes go online, students want Stanford to lower tuition": "Thousands of Stanford students are asking for a discount in tuition for this quarter --- up to 80% --- as, (as one student leader stated): "the online education will affect our EDUCATIONAL EXPERIENCE - (the caps are mine) - interacting with faculty and peers... (is)... a more ESSENTIAL PART of our time spent at Stanford" .. Online education "makes us UNABLE TO ENJOY AN EDUCATIONAL EXPERIENCE QUALIFIED FOR THE $10,000 (tuition only) that we spent for this Spring quarter".. "if the experience is not IMMERSIVE, then IT IS NOT FULL AND DOES NOT DESERVE THE PRICE TAG".. QUESTIONS! A. Should students be given a discount on tuition this quarter (or semester) owing to classes going online? (you did not SIGN UP for this, right???) Why or why not? At Stanford? At EVC? Is there a difference? B. Is your answer any different for GRADUATE students in law and medicine? Why or why not? C. Stanford…
- Please provide steps by step answer with proper explanation with final answer..... Don't use pepar work and you will use pepar work then .......I will give you down upvote........Which of the following is a macroeconomic topic? a. Whether the army should buy more tanks or more rockets b. the reasons for the rise in average prices c. the reasons for a rise in the price of orange juice d. why plumbers earn more than janitorsPLEASE FILL IN THE CHART BELOW FOR THE ARTICLE!! Microeconomics For the article, write the number of the graph that best describes what happened. Fill in only the appropriate boxes in each chart for each article and be sure and indicate if it is an increase or a decrease. Japan Faces Butter Meltdown Japanese fans of cake, buttered toast and Hollandaise sauce may need to start hoarding soon. The island nation is facing another likely shortage of butter this fiscal year, according to a report by the Japan Dairy Association. It’s the second year of butter shortages that last year left supermarket shelves dry , amid tight import controls and falling domestic production of raw milk. Shortages are usually most acute near the Christmas season when consumers buy cakes. The JDA estimates a 7,100 ton shortage of butter in the year that started in April. The organization estimates domestic demand will rise 0.9% on year to 74,700 tons. Also fueling the shortages is a long-term fall in raw milk…
- Indicate whether each of the following statements applies to microeconomics or macroeconomics:a. The unemployment rate in the United States was 4.9 percent in January 2008.b. A U.S. software fifirm discharged 15 workers last month and transferred the work to India.c. An unexpected freeze in central Florida reduced the citrus crop and caused the price of oranges to rise.d. U.S. output, adjusted for inflflation, grew by 2.2 percent in 2007.e. Last week Wells Fargo Bank lowered its interest rate on business loans by one-half of 1 percentage point.f. The consumer price index rose by 2.8 percent in 2007.what does it mean when we say price changes? in economicsThe following questions refer to the Planet Money podcast ”Kid Rock vs The Scalpers”. a. What is the product and who are the market participants?b. Kid Rock seems to feel very strongly about the price of the tickets offered in his concerts. How are the prices related to supply and demand? Are the prices at an equilibrium?c. Why was one of the solutions proposed by Kid Rock increasing the number of shows? Draw a graph explaining your answer.
