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Explain how the aggregate expenditure function shifts in response to changes in each of the following variables: a. The real interest rate increases. b. Consumer confidence decreases. c. Higher taxes are imposed on business profits. d. The economies of many countries in the rest of the world go into recessions.
Find the consumer's price index (CPI) for the last 50 years. Find the equivalent buying power in 2014 for an amount of $4000 in 1997?
Elucidate why the equilibria found in part (a) are only short-run equilibria. What will happen in the long run.
Prepare a flexiable budget performance report, assuimng that the company worked 8,500 direct labor hours during the month.
Although there was no migration between the states, after Jan. 2003 employment rose in Hamilton and fell in Franklin. How can this be explained.
I understand that inflation has an impact on the foreign direct investment. But can the opposite be true? The amount of foreign direct investment has an impact on the inflation of the country that receives the investment?
How fares paid by consumers, in East and West Berlin after unification; given that living standards are much higher in West than in East Berlin. Assume the market for taxi cabs is competitive.
q1. a what output will maximize profit? what is this profit?b will output increase if the price rises to 4.50 to 5.25?
The Chinese have at times held the yuan (the Chinese currency also called a renminbi, {pronounced "RNB" which is slang like a buck or clams for US currency}) exchange rate with the dollar constant. This fixed exchange rate has caused the United State..
Which of the following can occur as a result of advertising in a monopolistically competitive market? Check all that apply.
The affordable care act made important changes to the law of government programs and to the law of fraud and abuse. Please explain what changes were made and what programs this involved specifically.
Using a wholesale cost of $4 per case in each state, calculate the breakeven output quantities for each alternative.
Should the government limit the amounts that juries are allowed to award victims of medical malpractice, so as to reduce malpractice insurance premiums and thereby lower health care costs.
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