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Which set of events would best explain the effects of contractionary fiscal policy on net exports?
1) It decreases domestic interest rates, causing the dollar to appreciate and net exports to decrease
2) It decreases domestic interest rates, causing the dollar to depreciate and net exports to increase
3) It decreases domestic interest rates, causing the dollar to depreciate and net exports to decrease
If the slope of a line representing taxes was not as steep, there would be
1) less built-in stability for the economy
2) no change in the built-in stability for the economy
If the cross-price elasticity of demand between two goods is negative, then the two goods are:
Comparing which is the current quote has the Japanese dollar appreciated or depreciated.
Why are competitive markets considered more efficient than monopolistic markets? Give economic reasons. Give a real-life example of a market that tends to be competitive and one that tends to be monopolistic.
If the price of a good increases by 8% and the quantity demanded decreases by 12%, what is the price elasticity of demand?is it elastic, inelastic or unitary elastic?
What is the present worth of a series of equal quarterly payments of $3000 that extends over a period of 8 years if the interest rate is 10% compounded monthly?
Calculate the value of 2013 production in 2012 prices and the percentage increase in production when valued at 2012 prices.
These regression results are compatible with the law of demand. (true/false) What does a regression coefficient measure? (Or, how do you interpret the coefficient on a variable?)
What is the diffrence between Nominal GDP and Real GDP? Please explain and give numerical example. Please provide the complete solution of this problem.
What would be the effect of increased saving on the value of the dollar and on net exports?
Explain why equilibrium of supply and demand is desirable. Explain the following concepts using the concept of consumer and producer surplus Efficiency of markets.
Economics 5120, Spring 2017 Assignment. During a small time interval ?t, what is the first-order approximation of the probability of an unemployed worker
Would your suspicions change if you learned that the patient had spent the previous three years as an anthropologist living in an African jungle village?
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