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Question
The President is bonkers about the inflation rate. How would you explain the current conditions ( CPI, jobs market, the Fed) and how each of these factors play a role in the inflation rate. Will inflation creep higher or lower over the next twelve months? Explain your thoughts.
Assume x and y are the only two goods a person consumes. If after a rise in p x , the quantity demanded of y decreases, one could say
Write an equation that expresses the money supply multiplier (for M1) in terms of its three determinants.
Suppose Congress, influenced by studies linking cigarette smoking to cancer, plans to raise the excise tax on cigarettes so the price rises by 10%. Estimate the effect the price increase will have on cigarette consumption and consumer spending on..
What is the market structure and the firm's price setting? How does the firm generate marginal revenue given the price setting?
Calculate the official measure of the deficit in year t and calculate the correct (i.e. inflation adjusted) measure of deficit in year t.
Decline in the marginal propensity to consume by -.3 (i.e. MPC = 0.5: people consume half of their income). What is the new value of aggregate income?
fall in demand, high unemployment etc but how can I understand the similarities (or differences) more deeply? Can you help explain.
1. Affordable set of goods and services for the consumer is bounded on which side of the the budget line? 2. State the assumption of the ordinal utility?
Research the "Conflict Minerals" provision in the Dodd Frank Financial Reform Act and draft a 1-2 page paper about the reasons for this provisions and the practical effect rulemaking will have upon supply chains.
Explain how the inquiry-based teaching strategy addresses learner development in each domain (cognitive, psychomotor, and affective).
What is Country As GDP - what is the composition of GDP by percentage and what is the GDP per capita?
(A). Determine the impact on each of the following if 2 million formerly unemployed workers decide to return to school full time and stop looking for work:
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