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Modern macroeconomic models can be distinguished by their impulse, amplification, and propagation mechanisms. Within the context of the dynamic stochastic general equilibrium model, identify those mechanisms and discuss their merits and weaknesses.
read the article as below and answer below question answer only address what being asked do not add own event or think
Perry is a freshman, he estimates that the cost of tuition, books, room and board, transportation, and other incidentals will be $30000 this year. He expects these costs to rise about $1500 each year while he is in college.
The transfer of income through government taxation, spending and assistance programs targeted at particular income groups. The goal is to transfer money from higher-income groups to lower-income groups is in general referred to?
How an economy's resources are to be owned, how decisions about the resources are to be made
What is the size of the labor force in the United States for the given year? What is the unemployment rate in the United States for the given year?
Elucidate what are the effects of monetary policies on the economy's production and employment.
Evaluate both the advocates' position and the critics' position.
Economists insist on reviewing what happens as each assumption is relaxed one at a time. However, it is clear that in real world all four are relaxed simultaneously. Why does economic analysis insist on such an unrealistic analysis? The simple ..
If a new home can be constructed for $150,000, what is the opportunity cost of federal defense spending, measures in terms of private housing? (assume a defense budget of $600 billion)?
If the price of labor increases from $40 per unit to $60 per unit, what happens to the total cost of producing 500 units of output in the short run (up or down, and by how much) What happens to the short run marginal cost
The production possibilities curve below sho the hypothetical relationship between the production of food and clothing in an economy.
Immigration is a major topic of concern in today’s economy. What are the possible problems and solutions for these concerns and what could happen to the U.S. labor markets if immigration is not controlled?
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