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If you are the chief economist of a country experiencing high unemployment and flat GDP, what macroeconomic policies might you enact in response to these economic conditions? How would you expect these policy changes to impact the economy?
Illustrate what would the Fed do if wanted to raise interest rates. What if it wanted to lower interest rates.
Explain how it affects industry's margins forcing them to push up their product sale price etc.
Explain all your answers below clearly, including brief definitions of each term.
Suppose that property rights to the environment are established, and Jack has them. Further, assume that Jack and May can engage in costless bargaining.
Assume that the nominal wage rate equals 60. In the short-run, aggregate demand and aggregate supply are equal at a price level of 1 calculate the real wage rate.
Calculate the total money creation in the economy with the help of formula and how the banks create money with the help of given information.
As across many types of technologies that could be useful. However, I am unable to pinpoint one specific technology.
Illustrate what are some of the comparative advantages for the companies to operate in the host country.
Two articles Fed Official Expects Growth also Are Inflation Expectations Rising from the Ashes. Illustrate what exactly is the Federal Reserve.
Illustrate what policies would you implement to help the economy reach full employment.
Assume Venezuela imports TV sets at a price of $150 each. Under free trade, how many sets does Venezuela produce, consume, and import.
Illustrate what are the three recommendations you would make to him to improve the overall effectiveness of the economy.
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