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Suppose at the same time as Parliament pursues an expansionary fiscal policy, the Bank of Canada pursues expansionary monetary policy. What happens to the price level and RGDP levels? What happens to unemployment, inflation and economic growth? How might the monetary policy affect the extent of crowding out in the short run?
Consider the situation of the US debt and deficit Is the deficit and the debt a problem to be dealt with or not Explain. Why do those who worry say it is different from the World War II debt Can the FED keep buying up 40% of the government bonds f..
Define business inventories and explain how they are counted in GDP. Calculate government spending given the following information:
Compute the price or output combination and the total economic profits which would result if competitors offer clones which make the QuickerBetter market competitive.
suppose in the republic of madison that the regulation of banking rested with the madison congress including the
If it is good for comunity for people to own their own homes, home ownership should be subsidised with special tax advantages or subsidies.
Given an increase in spending of $1,000, and a Marginal Propensity to Consume of 80%, what would be the total increase in the GDP what would the Multiplier be?
What do you regard as the main weaknesses of the Ricardian/Classical model as an explanation of trade patterns? Why do you regard them as weaknesses?
As per much of the rest of the world remained characterized by low rates of economic growth.
Do you think anyone would have used original (undebased) privately minted stags to make legal tender payments? Why, or why not?
How would the answer to the problem change? What will happen to the student price under price discrimination if the demand of other adults increases to= 1,800 - 100P? Why?
Vera, a single individual, receives $18,000 of dividend income and $38,000 of interest income from tax-exempt bonds. Vera also receives Social Security benefits of $16,000. What is Vera's gross income?
What organizational leader has had the most positive influence in your life, and why? How would you describe what this person contributes to your life in three words?
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