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Use the AS-AD model to describe the current shock to the economy caused by COVID-19, the disease caused by the coronavirus.
Explain why lags make policy intervention difficult.
Critically analyze and evaluate the main economic function of banks and other depository institutions in your country
What was the rate of inflation in 2014 from 2013 and what was the % increase in your "real wage" over this three period?
Illustrtae what is the value of x which will make the manager indifferent among shirking and working hard.
what do think led to the end of the Great depression that had had caused a serious shock to the US market?
Policies which reduce energy supplies and/or raise their production costs will cause the aggregate price level to rise, national output to decrease and unemployment to rise.
Consider two economies: one in which there is no redistribution of income by government and one in which the government enforces equality of income among everyone.
Provide an overview of this case analysis; summarize the key points. Discuss the three measures (value added, capital expenditures, employment) and how they impact US multinational corporations.
Depends on the ideas, explain with which of the two economists do you agree more and explain why.
In a competitive market, the market demand is Qd=24-3P and the market supply is Qs=5P. A price floor of $4 will result in a surplus of how much?
You are told that 50 cents out of every dollar pumped into the economy goes toward consumption (as opposed to saving). Estimate the GDP impact of a positive change in government spending that equals $15 billion.
Why do long-run elasticities of demand differ from short-run elasticities. Consider two goods: paper towels and televisions. Which is a durable good.
Suppose that a country has a debt-to-GDP ratio of 64%. The growth rate of real GDP is 3%. Assume that seignior age is zero and the real interest rate is 2%.What primary deficit as a percentage of GDP would be required to make fiscal policy sustainabl..
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