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1. Derive the LM curve by one of the standard methods shown either in the Gordon Macroeconomics text or in the Soule IMS reference. Be sure to label all axis and curves on your graphs. Elucidate in writing to what market your derivation brings equilibrium and how it accomplishes this.
2. Derive the IS curve by one of the standard methods shown in either the Gordon Macroeconomics text or in the Soule IMS reference. Be sure to label all axis and curves on your graphs.
Explain in writing to what market your derivation brings equilibrium and how it accomplishes this.
3. What are the principal differences between flexible and fixed exchange systems?
Elucidate why your answer to part (a) is an example of marginal analysis also optimizing behavior in general.
Elucidate how much the money supply will rise in response to a new cash deposit of $500 by completing the accompanying table.
Illustrate by how much (what percentage) does the consumer facing a 15% marginal tax rate alter his or her level of charitable giving as the result of the deductibility of charitable contributions?
Describe some forms of government spending that represent consumption ad some forms that represent investment.
What are the strength of the neoclassical models of labor supply and labor demand. What are the weakness of the neoclassical models of labor supply and labor demand.
What is the market equilibrium cost. What is the equilibrium number of firms in the market.
Distinguish between the crowding-out effect also the Ricardo-Barro effect. Elucidate how are the two effects related
Conclude a price range where there might be a mutually beneficial insurance contract.
Discuss the long range effects of a stimulus plan as it affects the banking sector.
A university registrar who uses her experience with university admissions along with your high school grades, application essays, letters of recommendation.
Explain the concept behind the governments TARP program and the ensuing stimulus packages that were implemented.
A farmer has a production function f(L) where the input is capital (L). The cost of this loan is L(1+i). The farmer also has an outside option (loan from family member) which generates a profit of A.
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