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1.(Stagflation) what were some of the causes of the stagflation of 1973 and 1979? In what ways were these episodes of stagflation different from the great depression of the 1930s?
2. Terrorist attacks foster instability and may affect productivity over the short and long term. Do you think the September 11, 2001, terrorist attacks on the World Trade Center and the Pentagon affected short- or long-term productivity in the United States? Explain your response and show any movements in the PPF.
Describe the Soviet Rapid Development Model
The rising stock market implies an increase in wealth, at least as measured on paper. If we assume that some of this increased wealth gets consumed, then the rising stock market fuels an increase in aggregate demand, and may contribute to an inflatio..
What will be the effect of this change in policy on both the real and the nominal interest rate in the long - run?
An essay on Market imperfection associated with negative externalities.
This document shows evaluation of alternative approaches to analysing the effectiveness of public policy and Assess the impact of government policies on selected areas.
Exchange and markets, Demand supply and market equilibrium
Describe unemployment and the unemployment rate. Might we be able to say "Job Stats: Too Good to be True?"
What is opportunity cost? Explain with the help of an example, why assumption of constant opportunity cost is very unrealistic? Explain law of demand with the help of a demand schedule and demand curve.
In using the Taylor Rule as a guideline for monetary policy, what are the pros and cons of using forecasted values of inflation and output rather than observed values of these variables?
Explain the economic situation in the UAE based on the article. Summarize the articles with your own words
Vulnerability Analysis
What is Bill's opportunity cost of producing one hat, In which of the two activities does Mary have a comparative advantage.
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