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Question: Present a short run analysis of equilibrium of an open economy, in the goods market, financial market and the exchange rate market (IP). You are also expected to show why the IS curve downward sloping, the LM is upward sloping and the IP curve is upward sloping. Derive the nominal interest rate that maintains equilibrium in the three markets.
How do tax changes and government expenditure affect aggregate demand (AD)? Explain the role of built-in stabilizers in preventing recession and excessive inflation. When are budget deficits useful to public policy?
In a 3- to 4-page paper, analyze the ethics of Sheriff Arpaio's policies according to deontology, utilitarian, and Kantian ethics. Ethically, should jails/prisons focus on public safety or inmate rights?
Consider the following information for a hypothetical economy: ?Total reserves (R) = $500 billion Currency (C) = $400 billion A. If banks are holding $80 billion in required reserves, and the required reserve ratio (RR/D) is 0.10, what is the dollar..
A consumer staples company produces two types of soap: regular and mois- turizing. It costs $3 to produce a half-dozen pack of regular soap. Q1= 58 - 15P1 + 10 P2 , Q2= 72 + 8P1 - 12 P2 Determine the price/quantity combination for each soap to maxim..
How does an increase in population affect potential real GDP? In your answer, be sure to mention the role played by the labor market.
Name other examples of agricultural products that have attempted to differentiate themselves. How have they differentiated their product?
When compared to other welfare programs such as Temporary Assistance for Needy Families and 551, a negative income tax would be more costly to the government.
A growing number of economists view the Fed's new willingness to take on more of the nation's debt as inflationary in the long run.
Sweetgrass Radiology Labs has a fixed amount of radiology equipment. The laboratory can hire any number of radiology technicians per hour to produce radiographs, which are displayed on a screen.
Assume that the bus in all the cases will operate with a full load and that the passenger seat annual income is $3,000 (i.e., each passenger capacity).
There is growing recognition that traditional management practices have led to undesirable social and environmental impacts.
1. True, False, Explain (Say whether each statement answer is true or false, then explain why. Your grade depends on the quality of your explanation). a. Suppose you estimate the population regression model
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