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There are three areas to a PPF. Draw any PPF you wish, quadratic or linear, for two goods x and y. Describe each of the three areas--- inefficient, efficient, and unattainable and what they mean to output and production. Then, on your PPF draw a dashed line for a new PPF that has experienced economic growth.
Fiscal policy refers to the use of government expenditures or tax policy to influence the aggregate demand for a specific purpose.
Suppose that Second Republic Bank currently has $150,000 in checkable deposits and $97,500 in outstanding loans. The Federal Reserve has set the reserve requirement at 10%. Using these values, fill in the empty cells for reserves, required reserve..
Two bonds are available for purchase in the financial markets. The first bond is a two-year, $1,000 bond that pays an annual coupon of 10 percent. The second bond is a two-year, $1,000 zero-coupon bond.
In the limit pricing payoff matrix, Coa can choose a given row of outcomes by offering a limit price or monopoly price. Choose a given column of outcomes by choosing to offer a limit price or monopoly price.
Suppose that the average prices of refrigerators have fallen over the past few years, yet the refrigerator companies have offered more and more of them for sale. Does this mean that the supply curve for refrigerators is downward sloping?
The slope of the Phillips curve: Draw a graph with a steep Phillips curve and a graph with a gently sloped Phillips curve.
Why is the money multiplier in the United States smaller than the inverse of the required reserve ratio? Provide one (1) reason.
Jim is considering quitting his work and utilizing his savings to start a small business. He expects that his costs will consist of a lease on the building, inventory, wages for two workers, electricity and insurance.
One of the tools or models economists use is the production possibilities frontier. Using the production possibilities frontier:
BUS700 ECONOMICS - Evaluation of Macroeconomic performance of Australia and USA - Discuss the relationship between Australia's re& CiDP growth rate
Explain why equilibrium of supply and demand is desirable and discuss how externalities may prevent market equilibrium and the various governments policies used to remedy the inefficiencies in markets caused by externalities.
What is the unemployment rate for the current month and how has it changed from previous months? Select a specific profile of a person (it could be you!). For example, specify an age, gender, marital status, education level, work status - e.g...
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