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-What is the multiplier when the change in equilibrium level of real GDP in the aggregate expenditures model is 9, and change in autonomous aggregate expenditures is 3?
-What is the multiplier when the marginal propensity to save is 1/3?
-What would happen to the marginal propensity to save when a tax cut was enacted causing the multiplier to change to 5?
How did the "Real Plan" work? Why was it successful? What led the central bank to introduce a crawling peg in March 1995?
Suppose the demand for ice cream in Philadelphia is given by Qd = 2900 – 6P where Qd is the quantity demanded, and P is the price of Ice cream. Also, suppose the supply of ice cream is given by Qs = 5P – 510, where Qs is the quantity supplied of ice ..
In this discussion, you will compare and contrast monetary and fiscal policies. Consider two recent national crisis points: 9/11 and the banking failures of 2008. Was fiscal or monetary policy more immediately responsive to each crisis? Why? Was fisc..
Explain how and why the capital flows from the more advanced / productive countries in the Euro zone to the countries in the periphery helped (a) improve, or (b) did not help improve the current accounts positions of the countries in the periphery.
Which of the following is the correct 95% confidence interval for p^, the proportion of all U.S. adults who use organic foods in preparing meals?
What are the differences between the most common financial investments: stocks, bonds, and mutual funds?
An economy has $72, to divide between Hamlet and Ophelia. Hamlet has the utility function u[H] = U[H] (m[H]) = 3m[H], where m[H] denotes his quantity of money. Ophelia has the utility function u[O]= U[O](m[O]) = 42sqrt(m[O]), where m[O] denotes her q..
Define economic growth, and explain what it means in terms of standards of living. Explain how a technological advance can contribute to economic growth. Why do institutions such as private property rights promote economic growth?
Describe the different effects ecological degradation may have on women, low-income earning regions, and racialized groups.
The Fed moved away from Milton Friedman's monetary growth rule or monetarism because: Although Sigmund Freud’s research was carried out in the Victorian era, it clearly revealed that.
What are the two main requirements of any supervisory position, and which of these usually determines the effectiveness of a supervisor's performance? Why does effective communication mean better supervisiOn?
An energy manager expects a need for a boiler that costs $150,000 in about seven years. How much money should the manager save each year to have enough money for the purchase in seven years time if the interest rate is (a) 10% and (b) 3%.
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