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Redistributive effects of inflation
- Provide an explanation of GDP, unemployment, and inflation as measures of economic activity. Cite recent examples and issues in each area to support your demonstration of understanding.
-Discuss the extent to which you believe these three measures are related, whether or not it is best to discuss each separately, and why you feel this way. You do need to support your reasoning.
Suppose Bank of Canada (BOC) purchases $100 million worth of government bonds from a chartered bank. Assume BOC imposes 5% legal reserve requirement ratio to the banking system.
Suppose the level of autonomous expenditure, which we could call A, rises by AA. What is the effect on the level of equilibrium national income?
Assume you received a four percent increase in your nominal salary.
Between your answers to parts b and c, which prices/capacity are best applied from a social welfare perspective? Why?
For an unknown reason, aliens kidnapped all immigrants residing in the US. One morning America wakes up and finds that the only people left in the country are American citizens, while all legal and illegal immigrants are gone.
Which of the following is a long-run macroeconomic policy goal? If the CPI was 132.5 at the end of 2003 and 140.2 at the end of 2004, the inflation rate over these two years was
With an expanded strategic analysis of your organization it is time to turn to your workers and understand their views.
What is the firm's cost function when the cost of pollution certificates is included? What is the firm's marginal cost function when the cost of pollution certificates is included? Derive the firm's supply function.
These costs are depends on a budgeted volume of 80000 units developed and sold every year. Lafluer uses cost-plus pricing methods to set its target selling price.
Compute the steady state levels of population. How might we transition between these two steady states and growth during the Malthusian regime?
Why the price of computers dropped as their power and features has have increased?
Reflecting back on what you learned about sustainable management practices throughout this quarter; determine 5 activities that illustrate sustainable management of resources that you pursue in your everyday life.
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