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Describe the effects of each of the following events on the US economy (i.e. What may happen to the price? To the real output?). Explain briefly what cause these effects (i.e. What happens to determinants of AD or AS or both? Why? ). Illustrate your answers in given AD-AS diagrams. Label your diagrams and changes carefully.
a. US dollar appreciates significantly.
b. A hurricane destroyed major gas pipelines and resulted in a sharp increase in energy prices for months.
Algorithm A performs 10 n ^2 basic operations, and algorithm B performs 300ln(n) basic operations. For what value of n does algorithm B start to show its better performance?
Illustrtae what should the arbitrageur do. Suppose that the cost of storing gold is zero and that gold provides no income.
The problem is from Economics and the problem deals with how the Kuwaiti economy was stabilized by the fiscal and monetary policies taken by the Kuwaiti government.
Calculate the average growth rate of US population and total employment in educational services in the last decade (2000-2010). (Hint: use the formula for the implicit growth rate from the lecture notes).
You are the manager of a popular shoe company. You know that the advertising elasticity of demand for your product is 0.15. How much will you have to increase advertising in order to increase demand by 10 percent?
However, a smaller multiplier means that the change in government purchases of goods and services, government transfers, or taxes necessary to close an inflationary or recessionary gap is larger. How can you explain this apparent inconsistency
What are two main goals of Federal Aviation Administration? Describe them. Who is current FAA Administrator? Tell me about him. According to the text, list and describe the six safety certificates issued by the FAA.
Does the principle of increasing "opportunity cost" hold in this nation? Explain briefly. (Hint: What happens to the opportunity cost of bread- measured in number of ovens as bread production increase?)
Immigration is a hot topic, not only in the U.S. but in Europe as well. Explain in words and by using a graph, how the influx of immigrants can help or hurt
Conduct research on the economic performance of United State of America over the last ten years from 2004 to 2013, applying the macroeconomic indicators of real GDP, real GDP growth rate, real GDP per capita, unemployment rate and inflation rate to a..
How much can Wells Fargo lend to developer who will repay the loan by selling first 6 view lots out of 13 lots at $190,000 each 2 year from now Assume the bank will lend at a nominal 14% per year, compounded semiannually.
Explain why risk, risk analysis, and prioritization of a company's risks are some of the best methods to reduce threats in vulnerability management.
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