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Due to historical differences, countries often differ in howquickly a change in actual inflation is incorporated into a changein expected inflation. In a country such as Japan that has had verylittle inflation in recent memory, it will take longer for a changein the actual inflation rate to be reflected in a correspondingchange in the expected inflation rate. In contrast, in a countrysuch as Argentina, one that has recently had very high inflation, achange in the actual inflation rate will immediately be reflectedin a corresponding change in the expected inflation rate. What does this imply about the short run and long-run Phillips curves inthese two types of countries? What does this imply about the effectiveness of monetary and fiscal policy to reduce theunemployment rate?
In response to climate change concerns, the government can either invest in mitigation or adaptation or do nothing. Mitigation reduces the flow of carbon into the atmosphere, thereby changing the probability distribution of future climate states. ..
The public tends to view trade deficits with alarm while macoreconomics claims that trade deficits can actually be usefull for the economy. Discuss the macroeconomists position on trade defilicts
Outline the extent to that you expect regional economic integration to occur in Europe, Asia.
Assume that the Bank of China wishes to peg the rate of exchange of its currency, the yuan, in terms of the US dollar. In each of the following situations, should it add or subtract from its dollar foreign exchange reserves? Why?
Explain why you would be more or less willing to buy a share of Apple Computers stock in the following situations:
For the internet opportunity she anticipates costs for land labor and capitol of$ 3,250,000 per year as compared to revenues of $3,275,000 per year. Should she quit her current job to become an entrepreneur? If she does not quit her current job wh..
Assume the government imposes a fixed tax t per unit quantity on each firm. Explain the impact of this tax on following variables;
What are two or three methods currently being used to encourage economic growth for the typical company in Hong Kong and typical company in Singapore?
Under which circumstances is it best for a speculator seeking a capital gain to purchase bonds and If the market interest rates on other similar bonds decreases, you can be sure that?
The classic prisoner's dilemma involves two suspects, A and B, who are arrested by the police. Because the police have insufficient evidence for conviction on a key charge, they place the prisoners in isolation and offer each.
Which of the following will most likely be an unanticipated economic change and higher oil prices resulting from a revolution in an oil-exporting country such as Libya
Illustrate what is the biggest economic concern for Argentina, like unemployment or population.
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