1. Enchante Inc., a designer clothing company, buys $400 worth of silk from a silk trader and $30 worth of accessories from AccessoriesRuS to produce each dress. If the value added by Enchante is equal to $200, then according to the value-added approach, the price of the designer dress should be:

2. . Many Silicon valley entrepreneurs, including the late Steve Jobs, the current CEO of Apple Tim Cook, and the famous Mark Zuckerberg all endorse raising the quote of H1B visas for foreign nationals who complete degrees in the US in science, math, and engineering. We learned in lecture that this would do the following to the ratio of skilled to unskilled wages and employment

3. Discuss why short-run aggregate supply curve slopes upward

4. Draw the demand money curve and explain how the demand of money is settled in the economy

5. As a result of a decrease in the value of the dollar in relation to other currencies, American imports decrease and exports increase explain

6. What does marginal propensity to consume means in an economy

7. Derive an investment equation and explain what planned spending means

8. Discuss the three types of unemployment

9. How does wage rate calculated?

10. Explain the different methods of measuring GDP