Part A: Answer each of the following questions in one to three paragraphs.
1. Assuming no government intervention, describe the market behavior that should result
if the price of a product is below its equilibrium price; then describe the behavior that
should occur if the price is above its equilibrium price.
2. How does inflation affect people’s standards of living and savings?
3. Define stock, bond, and mutual fund. What are the benefits and risks associated with
each of these investments?
Part B: Answer each of the following questions in one to four sentences.
1. Suppose the economy is experiencing inflation. What would be the interpretation of
how a restrictive monetary policy would address this problem?
2. Describe two types of specialization in production. What are the economic advantages
3. What are political business cycles, and how could they be created?
4 .. Why are financial institutions required to keep reserves?
5. What is a price ceiling, and what are its economic effects?
6. Define the concept of offshoring, and explain the economic reasons why businesses
7. What is meant by economies of scale, and what is the importance of this concept
to economic growth?
8. Define and explain each of the following: frictional unemployment, structural
unemployment, and cyclical unemployment.
9. What is the multiplier effect, and how does it affect the GDP?
10. Define the term business cycle, and list the four phases of the business cycle.
Proctored Final Examination
Why Choose Us
We value our clients. For this reason, we ensure that each paper is written carefully as per the instructions provided by the client. Our editing team also checks all the papers to ensure that they have been completed as per the expectations.
Professional Academic Writers
Over the years, our Acme Homework has managed to secure the most qualified, reliable and experienced team of writers. The company has also ensured continued training and development of the team members to ensure that it keep up with the rising Academic Trends.
Our prices are fairly priced in such a way that ensures affordability. Additionally, you can get a free price quotation by clicking on the "Place Order" button.
We pay strict attention on deadlines. For this reason, we ensure that all papers are submitted earlier, even before the deadline indicated by the customer. For this reason, the client can go through the work and review everything.
At Papers Owl, all papers are plagiarism-free as they are written from scratch. We have taken strict measures to ensure that there is no similarity on all papers and that citations are included as per the standards set.
Customer Support 24/7
Our support team is readily available to provide any guidance/help on our platform at any time of the day/night. Feel free to contact us via the Chat window or support email: email@example.com.
Try it now!
How it works?
Follow these simple steps to get your paper done
Place your order
Fill in the order form and provide all details of your assignment.
Proceed with the payment
Choose the payment system that suits you most.
Receive the final file
Once your paper is ready, we will email it to you.
Papers Owl has stood as the world’s leading custom essay writing services providers. Once you enter all the details in the order form under the place order button, the rest is up to us.
At Papers Owl, we prioritize on all aspects that bring about a good grade such as impeccable grammar, proper structure, zero-plagiarism and conformance to guidelines. Our experienced team of writers will help you completed your essays and other assignments.
Admission and Business Papers
Be assured that you’ll definitely get accepted to the Master’s level program at any university once you enter all the details in the order form. We won’t leave you here; we will also help you secure a good position in your aspired workplace by creating an outstanding resume or portfolio once you place an order.
Editing and Proofreading
Our skilled editing and writing team will help you restructure you paper, paraphrase, correct grammar and replace plagiarized sections on your paper just on time. The service is geared toward eliminating any mistakes and rather enhancing better quality.
We have writers in almost all fields including the most technical fields. You don’t have to worry about the complexity of your paper. Simply enter as much details as possible in the place order section.