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a. What is ‘quantitative easing'? (Hint: see P.911 of textbook).
b. Why did Britain, the USA, Japan, the European Monetary Union and others embark on it in early 2009 but not Australia?
c. What is the one great fear of quantitative easing? You must use the quantity equation to support your argument.
Explain as completely as you can what an economist means by demand (supply) and discuss (this implies that you are able
To illustrate inflation inertia in an aggregate demand–aggregate supply model, the short-run aggregate supply curve shifts upward because of increases in ______, and the aggregate demand curve shifts upward because of increases in ______.
What are the 4 phases of the business cycle? How long does a business cycle last? What causes each phase?
Sales of hybrid cars are on the rise. The Toyota Prius, while priced above comparable gasoline-only cars, is selling well. Other manufacturers are adding.
q1. illustrate what are the basic steps in solving for walras equilibrium with two consumers and two commodities given
It has a coupon of 10?% and? a(n) 10?-year maturity. Using annual? compounding, calculate the promised yield on this bond.
Suppose that Sally’s preferences over baskets containing food (good x), and clothing (good y), are described by the utility function U (x, y) = √x + y. Sally’s corresponding marginal utilities are, 1 MUx=2√x and MUy=1. Find Sally’s food demand functi..
Discuss the Institutionalise s theory of production and distribution. Note: a discussion of the Veblen an dichotomy, and how it fits into the theory of production and distribution should be included in your answer.
Out of the four motives of MNCs (in their foreign direct investment decisions), explain how each motive affects the volume of intra-firm trade among affiliated firms (say trade between parent to affiliate firm in another country)
The benefits of decentralization, denoted B, = 3D and the costs of decentralization, denoted, C = 2D + 2D2. What is the optimal level of decentralization (D)? Explain.
q1. compare the unemployment rate in new mexico to the national average of the past four 4 years. compare the trends in
Elucidate how many units does each industry produce, elucidate how many industries will exist in this marketplace.
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