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Microeconomics Assignment Questions
Question 1: Describe the concepts of choice and opportunity costs as applied to microeconomics issues
Question 2: Explain the factors that trigger shifts in demand and supply and what they imply
Question 3: Explain the differences between factor markets and product markets. How do consumers affect factor markets?
Macroeconomics Homework Questions
Question 1: Explain how the government uses price controls to restrict prices and create fair markets
Question 2: Explain how the Federal Reserve convinces banks to purchase bonds
Question 3: Discuss how increasing GDP enables countries to alleviate employment
Question 4: Identify barriers to trade. Why are these barriers imposed? Do these barriers create problems that impact economic growth?
Question 5: What are the consequences of banks being cautious about giving loans?