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Question
If you were having a conversation with a Keynesian economist, and the conversation turns to why the economy is experiencing high unemployment and what the government should do about it, how would a Keynesian economist explain unemployment and what policies would he/she advocate?
Describe which measurement of GDP (nominal or real) is a better measure of purchasing power and why. Why do you think we should measure real GDP?
Say you were tasked with coding a design that used non-standard web fonts, how would you go about it?
Analyze the effects on a large open economy of a temporary adverse supply shock that hits only the foreign economy.
Assuming that labor accounts for 80% of country Y's gross domestic product, compute immigrant surplus as a share of national income.
Which of the following factors contribute to economic growth? In the long run, the most important source of increase in a nation's standard of living is a.
Give a brief historical background on the growth in online shopping over the last couple of decades. (approximately 400 to 500 words)
For any given demand curve for the right to pollute, the government can achieve the same outcome either by setting a price with a corrective tax or by setting a quantity with pollution permits. Suppose there is a sharp improvement in the technolog..
Describe how inflation is measured using the Consumer Price Index (CPI). Describe?the formula(s) used to determine the unemployment rate.
Define the shows of the relationship between the quantity supplied of a good and its price when all other things remain the same.
Find the values of annual U.S. GDP, unemployment rate, inflation rate, government budget deficit and government debt in 2005 and 2015.
Suppose that China is pegging its exchange rate to the US dollar. What are the actions required on the part of the Chinese central bank in response to (a) a decrease in income in the US, (b) a decrease in income in China, and (c) contractionary (..
What is the definition of aggregate supply and aggregate demand?
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