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Discuss the merits and disadvantages of GDP as a measure of a nation's standard of living. Think of a country that has a lower GDP but perhaps a higher standard of living than the United States, and compare the two. How can we reconcile these two statistics?
What will happen to the inflation rate if the rate of growth of the money supply increases to 7%, and, at the same time, the growth rate of velocity increases to 2%?
Conventional telephones are frequently breaking down, and it takes months to get a new line installed. Firms are thinking of adopting new parallel wireless system offered by private firms,
What are equilibrium strategies? What is the seller's expected revenue? Is this more or less than he would earn in an ordinary (unconstrained) first-price auction
Write 7-10 page research paper on how did Hurricane Katrina impact the US Economy. Logistics of the Essay -Must use specified essay style (argumentative).
What is fiscal policy? Who are the parties involved in creating fiscal policy in the U.S. economy? What are the two general types of fiscal policy?
Some people have suggested that forced population control is an efficient means of reducing the Tragedy of the Commons associated with our clean air and water resources. Provide an argument that would support this theory, and also an argument that..
Elucidate tools are used to accomplish conscious fiscal policy.
Pedro loves playing rock music at high volumes. Mario loves opera and hates rock. Unfortunately, they are next door neighbors in an apartment building with paper thin walls.
If the Federal Government is giving more than it receives in tax revenues in an effort to reduce unemployment
sing Excel, make a line graph for each exchange rate. Plot the exchange rate on the y-axis and days on the x-axis. Be sure to include axis-labels, grids, title and adjust the axes scale accordingly. Move each graph to its own tab
Suppose an economy has the following production function: Y=F(K,L)=K0.4L0.6, Determine the per worker production function.
Suppose that the State Bank announces an increase in the money supply. As a result, people start to expect higher prices. What will happen to the short-run aggregate supply curve?
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