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Topic: Fiscal policy/Monetary policy
Questions:
Use the AD-AS model, assuming the economy begins in a liquidity trap, and output is less than Yn, natural output, or potential GDP. Show what the IS-LM and AD-AS graphs look initially
A bank advertises it pays 7% annual interest, compounded daily, on savings accounts, provided the money is left in the account for 4 years. What effective annual interest rate do they pay?
Writing a production function in terms of capital andeffective labor implies that the level of technology increases by 10%, thenumber of workers requiredto achieve the same level of output decreases by 10%.
In light of the underground economy, and other shortcomings of using GDP as a measuring rod, do you think the government should
How does the profit maximization condition for a monopoly differ from that for a perfectly competitive firm? How does this difference impact efficiency
What are public goods and their characteristics? What policy tools might be needed in the case of public goods?
Economists typically view free and mutually advantageous exchanges as a good thing - in the words of economists, they are "Pareto Improving." However, we may find in the literature on the "morality of market exchange".
Suppose that after the merger, a person who was injured on the Baked Chameleon board sued Hula (the surviving corporation). Can Hula be held liable for injury?
Enron executives were charged with numerous counts of corporate fraud and corruption. Among the charges was "insider trading", which involves the trading of a corporation's stock by insiders who may have access to information that the public does ..
If the demand for a domestic currency decreases in a nation using a fixed exchange rate system, what must the central bank do to keep the currency value steady.
Reading on the labor market, do workers have wage- setting powers, or are they destined to always earn the same wage?
Find the value of a country a dollar and the consumption of the initial old.
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