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In essay form, explain the following:
1. Using the real business cycle theory, explain TWO effects of an adverse technological shock on the labor market AND on the output market.
2. Suppose you were interested in increasing technological progress in your country. Suggest TWO ways to do this.
Elucidate action did the FOMC take, if any, as per the level of the fed funds rate. Why did it make this choice
When the price of oil was $95 per barrel, in the country of Wherever, 21,000 barrels of oil were produced per day. The elasticity of supply for oil producers in Wherever has been estimated to be 0.075.
Compare the advantages as well as disadvantages of fee for service payments and a DRG-based payment system
The following model is a simplified version of the multiple regression model used by Biddle and Hamermesh (1990) to study the tradeoff between time spent sleeping and working and to look at other factors affecting sleep: sleep =b0 + b1totwrk + b2e..
If the money supply is growing at a rate of 5 percent per year, real GDP(real output) is growing at a rate of 2 percent per year, and velocity is growing at 2 percent per year instead of remaining constant, what will the inflation rate be? (Enter ..
What are those key objectives and what are the key tools the Fed plans to use to achieve those objectives?
What is the maximum amount that the money supply can increase when $1,000 cash is injected into a banking system with a 20-percent reserve requirement? Give two reasons why this maximum may not be reached.
The problem is belongs to Economics, particularly to Macroeconomics and it is a review about the Asian financial crisis and the 2008-2010 global financial crisis finding out their differences and similarities with the roots causes for each of them..
Suppose households believe that greater government borrowing today implies higher taxes to pay off the government debt in the future. What does this belief do to private saving and the supply of loanable funds today?
Should firms in perfectly competitive markets advertise? Why or why not? Respond to allegation that if all firms in an industry are charging the same price, this indicates absence of competition and the presence of some form of price-setting agreem..
Eluciadte what is the Justice Department policy regarding mergers involving firms involved in Horizontal Integration.
Write C# application program to be used to evaluate the credit worthy of a client. The program reads the credit limit and the price and quantity of the item to be purchased by the client. If the value of the goods is more than the credit limit, th..
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