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Derive the IS curve in the (Y, i) space using the aggregate demand plot in the (Y, AD) space.
My question is what happens in the trade diagram when a country goes from internationally trading to not trading? Then what is the consumer surplus and producer surplus from before when they were trading and after when they stopped trading?
Why is are quarterly movements in a country‘s GDP measure so important? What is it called when a country has two successive negative quarters of economic growth?
Calculate the average growth rate of US population and total employment in educational services in the last decade (2000-2010). (Hint: use the formula for the implicit growth rate from the lecture notes). Everything else being constant, what could..
What Software Quality Control Nomenclature is implemented for a software product?
1. find the present value of each of the two following sets of cash flow events.a. immediate investment year 0 of 15000
Suppose one economist believes the target rate of unemployment is 4.3 percent while another believes it is 5.5 percent. Using Okun's rule of thumb, by how much would you expect their estimates of potential GDP to differ in a $12 trillion economy
Based on the different approaches to international relations (from Chapter 12) how do has the US designed their response to the problems of international terrorism and terrorist groups (such as ISIS)?
What is the difference between probation and parole? What are the advantages of sentencing someone to a community sanction, such as probation, instead of sentencing the person to prison?
Calculate the effect on the Canadian dollar of a decline in Canadian interest rates to 3% assuming that interest parity holds and Derive expressions for the IS and LM curves in this economy, in each case with the world real interest (rw) on the left..
For each of the following concepts provide a definition, a complete explanation as to their significance, and a practical example.
Studies have concluded that the dead weight loss of monopoly power in the United States is less than 0.5 percent of GNP. From your knowledge of the determinants of the dead-weight loss, explain why such a small figure is plausible.
What does gross domestic product (GDP) tell us? How did GDP change from 2008? What caused these changes? What is real GDP? What was real GDP in 2008 and has it changed since 2008?
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