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Describe how the following quote relates to the AD-AS model
A. "The U.S faces an unwelcome combination of looming recession and persistent inflation that is reviving angst about stagflation, a condition not seen since the 1970s".
An economy is in long-run macroeconomic equilibrium with an unemployment rate of 5% when the government passes a law requiring the central bank to use monetary policy to lower the unemployment rate to 3% and keep it there.
Suppose the emarginal cost of producing the good in before question is aconstant $ 10 per unit of output . What quantity of output will the firm produce.
Would the purchase of bonds by the Bank of Canada in 1.a) increase or decrease the potential for money creation? Explain in less than 5 lines.
Describe which is elastic and inelastic in the attached question and also how to arrive at the answer for this question:
Many prices, including wages, would not be reduced even when aggregate demand decreased.
My scenario is where I am going to open restaurants in China. One in Shanghai & one Beijing.
Describe how households and businesses are slowing down the circular flows of money and goods and services during the economic slump.
What happens to the real interest rate, output, consumption, and investment in the short run (in which the price level is fixed)? What happens in the long run to the real interest rate, consumption, investment, and the price level?
The increase of the real money supply by 10 percent by the Federal Reserve when the unemployment rate rises by 1 percent is an example of
Macro-economics is perhaps most divisive area of economics. Macro economists divide themselves into different schools of thought. Two of the biggest camps are the Keynesians and the Monetarists.
How many economic activities can be seen in this particular market? Which specific goods/services are related with these economic activities?
You are bullish on Avusa stock. The current market price is $50 a share, and you have $5000 of your own to invest.
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