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Increased government borrowing, combined with increased taxes, might do the trick. How is it possible that in the face of rising expenditures, the budget surplus may increase in the above situation? How and from whom does the government borrow?
A bank can create money by increasing its reserves. Is this false? Why?
Explain how cross-price elasticity of demand is relevant to a firm being investigated for antitrust violation. If you were the chief economist for this firm, would you want to show a high cross-price elasticity or a low-low cross price elasticity ..
a) Explain what is meant by market equilibrium. b) What happens when the price is too high and when the price is too low? c) What market forces bring change?
What are the three types of unemployment? Unemployment is seen by some as undesirable. Are all three types of unemployment undesirable?
In a particular country in 1998, the average worker needed to work 40 hours to produce 100 units of output. In that same country in 2008, the average worker needed to work 36 hours to produce 72 units of output. In that country, the productivity o..
How will higher inflation affect the number of vehicles the dealership can sell? Based on the GM's inflation expectation what type of loan should the dealership arrange with its bank in order finance its inventory of automobiles?
Elucidate tools used to pursue expansionary and contractionary fiscal policy.
4. Sam consumes green eggs and ham. Ham and green eggs are both normal goods.
Compute all meaningful price, income, and cross elasticity coefficients.
What is the difference between contractionary and expansionary monetary policy? What is the difference between contractionary and expansionary fiscal policy?
Explain 3 to 5 factors in the economy that will impact the demand for gasoline and one for the cost associated with manufacturing the good or service.
how does the federal reserve increase or decrease the money supply?a what might cause the fed to change the supply?b
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