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Describe the characteristics of fiscal policy in the Great Recession.
Was it expansionary or contractionary?
In Portugal, derive what happens to the nominal rental payments on capital and land. Next, extend the derivation to show what happens to the real rental.
1. consider an economy described by the production functiony fkl k3l7a. what is the per worker production function?b.
We would expect to see positive cross-price elasticity between:
Governments should act to further the public interest. This statement would probably receive general agreement, but it is not always clear exactly what determines when something is in the public interest. Discuss various measures of the public intere..
Choose a market for a good in your area that seems to be a perfectly competitive market. Write four or five substantive paragraphs that describes the market and answers the following questions: Identify the buyers and sellers as well as the goods o..
Your organization currently has a defined contribution pension plan with employees contributing up to 3% with a company match.
To what extent has the Malthusian prediction that food production cannot keep up with population growth been validated in the course of the twentieth century?
Discuss the long run adjustment process that will occur as this economy moves from the short-run equilibrium you found in (g) to the long run equilibrium
What is the logic of arguing that it hurt debtors - Briefly list in your own words up to three arguments of Bernanke's for not using monetary policy to fight bubbles.
In this exercise you will compute pseudo out-of-sample two-quarter-ahead forecasts for ?Y beginning in 1989:4 through the end of the sample. (That is, you will compute).
Our company must replace an obsolete machine press. We have two bids that are summarized below. Both of the presses fall into the MACRS 5 year property classification. Our company uses an after tax MARR of 12% and MACRS depreciation. Our company fall..
The demand and supply functions of two goods are Qd1 = 82 - 3P1 + P2, Qs1 = -5 + 15P1 -How these goods are related to each other
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