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Explain the impacts of an expansionary fiscal policy such as a tax cut on the levels GDP, Consumption, Investment, interest rate and unemployment and price. Explain using separate graphs of C+I+G line and Aggregate Demand-Aggregate Supply curves. In particular explain how your answer depends on the slope of the aggregate supply curve.
In article on the steel industry, The Wall Street Journal noted that as steel prices were falling, steelmakers were not cutting production
Overview of the project's objectives and scope
Illustrate each of the following events using a demand and supply diagram for bananas.
"A substantial number of relatively unskilled persons reported that they can't find work. At the same time, there're many unfilled jobs for relatively skilled people. Apparently, the problem is that there're more unskilled peop..
Find out the optimal weekly output and price of this firm. Find out the weekly profit from the production and sale of this product.
Explain how a change in investment can have big impact on GDp causing nationwide slump. Recall that investment is "small' relative to the whole economy.
Mention the four assumptions for the Monopolistic competition model.
Discuss how absolute advantage and comparative advantage differ? Kyle can read 20 pages of the economics in an hour. He can also read 50 pages of history in an hour. He spends 5 hours pre day studying. Draw Kyle's production possibilities fron..
American Mining Company is interested in obtaining quick estimates of the supply and demand curves for coal.
List and explain the sources of expenditures in economy by focusing on the 4 major sectors of economy.
Do the estimated coefficients have the required signs to yield a-shaped AVC curve? Discuss the significance using the p-values.
Find out the equilibrium market price. Find out the profits of the leader and the follower
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