December 10, 2022

Supply and demand

Coffee suppliers have been dealing with shortage due to coffee leaf rust and drought. Therefore, there are some changes in supply and demand of this product, […]
December 10, 2022

The price of food increased during the past year

a. Explain why the law of demand applies to food just as it does to all other goods and services. b. Explain how the substitution effect […]
December 10, 2022

Long-run goals for reducing inflation and unemployment

Some people say that since inflation can be reduced in the long run without an increase in unemployment, we should reduce inflation to zero. Others believe […]
December 10, 2022

The division of labor

How important is the division of labor to a capitalist economy? How does the division of labor lead to more efficient production? What are some examples […]
December 10, 2022

International Trade

The U.S. economy relies heavily on international trade. Choose two transactions at random that result from international trade; one where purchases are made from another country […]
December 10, 2022

The effect of a fiscal expansion on output and interest rates

What is the effect of a fiscal expansion on output and interest rates when exchange rates are fixed and capital is perfectly mobile?
December 10, 2022

Inflation rate will always result in negative consequences for the economy.

Using real-world examples, evaluate the view that a rise in inflation rate will always result in negative consequences for the economy.
December 10, 2022

Te main causes of high inflation that Ireland is currently experiencing

Discuss the main causes of high inflation that Ireland is currently experiencing and the consequences of this inflation on the Irish economy.
December 10, 2022

How Britain’s exit from the EU has affected Ireland

Write a short essay on how Britains exit from the EU has affected Ireland so far. Reference as appropriate.
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