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If a nation's productivity grows by 3% rather than 1.5% over many years, what will be the difference in the nation's standard of living
Banks are reluctant to borrow from the Fed’s discount window because it’s looked down on by other banks. Other banks think that if a bank needs to use the discount window, it’s probably not very healthy. Explain why.
If the market for lawn mowing services is perfectly competitive, what would happen if Kyle raised his price
What would the expenditure multiplier in an open economy without government spending or taxes where the MPC is 0.8 and the MPm is 0
When the capital is more than the steady-state level, what happens to investment, relative to depreciation?And then what happens to capital and output for the next period - is it greater or less than those for this period?
Give a comprehensive definition of equilibrium in relation to firms and conditions necessary for it to be realized.
Illustrate what has been, also what will be, the short run and long run impact of the Federal fiscal policy which has been followed in the past few years.
The costs of a purely competitive firm and a monopoly could be different because the competitive firm is unregulated. the monopoly controls the input prices. the monopoly might experience economies of scale not available to the competitive firm.
Illustrate what can you determine about consumer demand for your product from this information
Depends on your discussion, what is the most critical element(determinant) when considering the determinants of supply. In other words, what determinant has the greatest influence on the economy.
Examine the fiscal policies in place at the start of your specific time period in relation to their effects on macroeconomic issues.
Define both free and restricted trade. What do you feel are the benefits and the cost to having free trade? What are the benefits and cost to having restricted trade?
What are the particular problems associated with the firm represented by the SATC curve shown in the graph? Does it represent a firm that would be able to survive over time?
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