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Suppose there is balance on current account surplus and underemployment equilibrium in the real and monetary sides of the domestic economy. Discuss the short-run movement toward equilibrium in the currency markets in a flexible exchange system. How is your answer different if the government pursues a Keynesian full-employment policy of deficit spending coupled with targeting the interest rate through Federal Reserve open market operations?
What is the inflation rate in Home? In Foreign? What is the rate of change in the nominal exchange rate? Which currency is expected to appreciate? At what rate? Explain.
What is the cost of producing additional car when 50 cars are being produced? What is the cost of producing additional care when 150 cars are being produced?
All semester we have been tracking the economy to discern where it currently resides along the business cycle and where it seems to be headed over the next 6-9 months.
The Federal Reserve's publishes the H.3 Statistical Release-Aggregate Reserves of Depository Institutions and the Monetary Base-weekly. Recent releases show that the composition of the supply of total reserves
Identify trends or other patterns in inflation within the an economy of your choice over the last five years using quarterly data from the Central Bank or other Government based Statistical agency websites as a source.
What is the difference between contractionary and expansionary monetary policy?
Assess the degree of difficulty associated with measuring marginal revenue product for each of the following occupations.
Perfect competition guarantees allocative efficiency. A profit-maximizing monopolist can never be allocatively efficient.
This document shows evaluation of alternative approaches to analysing the effectiveness of public policy and Assess the impact of government policies on selected areas.
Assume a 2 sector economy (where the two sectors are consumption and investment) where C= $100+ 0.9 Y and I=$50
Question based on Laffer Curve : Tax Rate and Tax Revenue, Do raising tax rates necessarily raise tax revenue? What factors affect how tax revenue changes when tax rates change?
What is autarky price and quantity equilibrium for both home and foreign? What is the open trade price and volume under free trade.
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