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Q. The economy has seen the unemployment rate decrease from 8.56 %to 6.15 percent, the inflation rate increase from 1.4 %to 3.2 %also there has been a 17 %increase in consumer spending also a 22.5 %increase in investment spending in the similar time period.
Given the above, illustrate what would you predict about the overall direction of the economy? Explicate your answer by referring to each of the indicators cited.
State the fiscal policy which will already be automatically operating, as well as the appropriate discretionary fiscal policy which the government should adopt, given the above situation.
State the appropriate monetary policy which the Bank of Canada should be operating, given the above situation.
What factors might these types of stores have in common behind their declines.
What are the strengths and weaknesses of the measure of welfare used by many economists: consumer welfare plus producer surplus.
Why might variations in the dollar's value in terms of other currencies cause the trade deficit to move independently from the changes in the government budget deficit.
Describe absolute and comparative advantage. Explain the influences affecting foreign exchange rates.
Which resource of production is the only one which nations can significantly increase in the short term.
Explain how do real GDP and the cost level change if the forecast of inflation turns out to be incorrect.
If the variable is almost normally distributed does that mean you use common distribution.
After reviewing efforts to reduce the Deficit, discuss the actions in use by Congress since 1985 to reduce the budget deficits.
A Fenway park, home of the Boston Red Sox, seating is limited to 39.000. Hence, the number of tickets issued is fixed at that figure. Seeing a golden opportunity to raise revenue.
Illustrate what will be the most likely new equilibrium price level and output.
The Wilson Company's marketing manager has determined that the price elasticity of demand for its products equals.
As manager of City Racquet Club, you must determine the best price to charge for locker rentals.
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