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In general, short-term forecasts are more accurate than long-term forecasts, as are forecasts where cyclical or seasonal factors are fairly well defined and repeatable. Describe the factors that influence the reliability of time-series forecasts. Under what circumstances would a time-series model offer a fairly reliable forecast?
Explain how the short-run Phillips curve, the long-run Phillips curve, the short-run aggregate supply curve, the long-run aggregate supply curve, and the natural rate hypothesis are all related.
If in an economy a $120 billion increase in consumption spending creates $120 billion of new income in the first round of the multiplier process.
Illustrate what is the airline's profit-maximizing fare? How many passengers does it carry per week, using how many flights.
What would be the new equilibrium exchange rate that would make purchasing power parity grasp for laptops.
The Faculty of Economics and Administrative Sciences is considering to throw a party to its students. The marginal benefits to the students are given by MB=1200-Q2.
explain how lower coffee bean output in brazil, vietnam, columbia and central america are affecting this market. explain what has been happenning in this market.
If Sammy refuses to contribute to the butterfly garden, he'll not be able to enjoy its benefits if it is built.
Compute the current yield, the coupon rate, and the yield to maturity if the bond is puchased for $940.
We said that an uncrowned country club golf course has aspects of public good.
If a hard freeze eliminates premium coffee crop, illustrate what will take place to the price of premium coffee.
Explain how central bank manages a nation's monetary system. Outline stated direction of recent monetary policy in United States.
Evaluate change in costs over period in real terms, first in 2004 dollars and m in 2005 dollars. Are your answers same. Explain why or why not.
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