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Closing the educational gender gap by expanding educational opportunities for women is a key plank of the Millennium Development Goals. Discuss three (3) reasons why this is economically desirable for development in poor countries.
Using the values in the table, calculate the following aggregate expenditures and nominal GDP. Instructions: Round your answers to 1 decimal place. Include a negative sign if necessary.
How do investment in technology and investment in capital differ? If banks hold excess reserves whereas before they did not, the money multiplier:
Suppose that Australia and New Zealand have agreed to create a currency union with a new single currency called ANZAC
What is the difference between contractionary and expansionary monetary policy? What is the difference between contractionary and expansionary fiscal policy? How does each policy affect the AD in the economy? What are the benefits and major problems ..
Suppose the point of tangency that characterizes long-run equilibrium for a monopolistically competitive firm occurs at Q1 units of output.
During World War 2 gasoline and other consumer goods were in short supply on the home front so that maximum resources could be diverted to the war effort. In order to cut back on the consumption of these many products, rationing coupons were issued t..
Explain why a movement from a point inside a production possibilities frontier to the production possibilities frontier can be described as a free lunch and a movement along a production possibilities frontier is described as a tradeoff.
Suppose the market for smartphones is perfectly competitive with current price being $1OO/phone. If the demand for smartphone increases due to additional features available through higher bandwidth (Think of these as 5-G phones). What will happen in ..
Consider an economy in which taxes, planned investment, government spending on goods also services also net exports are autonomous
You work for a nonprofit organization that promotes after-school tutoring for middle school children, and your coworker has asked you to help him determine the equation for the supply of tutoring in a particular neighborhood. He states that his resea..
What type of costs cannot be reduced as a result of better quality in a manufacturing process?
In which of the following situations would the Fed conduct contractionary monetary policy?
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