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Question
Explain the difference between actual debt with synthetic debt. How do emergency policies differ from policies that are made during an actual crisis.
Suppose a firm producing a commodity X is a price taker. The prevailing market price for X is Php. 20. The firm’s cost is given by TC=(0.1q^2)+10q+50 where q=the number of X the firm chooses to produce per day.
using the is - mr - pc model starting from medium run equilibrium explain the response of the economy to a deflationary
How does this change affect interest rates (both real and nominal), price level, employment, total factor productivity and equilibrium output?
Describe the circumstances that would make reduced vendor prices more appealing to employees than an increase in annual pay of $150. Illustrate your answer with a diagram. Hint - Don't get confused because the vendor sells several items
Economists and policymakers argue in favor of replacing the current income tax in the USA with consumption tax. What are your opinions on the issue?
Suppose that in some two-player game, s1 is a rationalizable strategy for player 1. If s2 is a best response to s1, is s2 a rationalizable strategy for player 2? Explain Suppose that in some two-player game, s1 is a rationalizable strategy for pla..
Money supply equals money demand. Explain. What implications does the monetary approach have for domestic economic policies?
Read the article How will refugees affect European economies. Provide responses to the following: Summarize the main points of the discussion
Suppose that France and Germany both produce beer and shoes. France's opportunity cost of producing a pair of shoes is 4 barrels of beer while Germany
part of the normal process of economic growth and development; the unemployment is part of the natural rate and need not concern policy workers. Discuss that statement and its relevance to the economy today.
The price of CDs is $15 and the price of pizzas is $10. Derek spends all of his income buying 2 CDs and 6 pizzas per week (and nothing else).
QUESTION The Keynesian AD curve differs from the classical AD curve in that:
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