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The following information is available for a firm's product with some monopoly power.
TC = 150 + 0.25Q
P = 2 - 0.001Q
TR = 2Q - 0.001Q2
What were some of causes of stagflation of 1973 and 1979? In what ways were these episodes of stagflation different from great depression of the 1930s?
When the Bank of Canada sells the government bonds to a commercial bank, the commercial bank experiences a decline in reserves and in increase in bonds. Total assets are unchanged; this is just a portfolio switch between bonds and cash.
Discuss the relationship between each of the following variables based on the experience of U.S. economy over the past 30 years.
Changes in government spending and interest rates
Question:. Explain why there are long-term Federal government budget problems. Explain why the base-line forecast of the CBO is misleading.
Comment on the effect of a recession on the investment curve (only) and on the level of savings, investment, and the equilibrium real interest rate in the financial crisis that hits United States first starting in fall 2007.
Explain the economic situation in the UAE based on the article. Summarize the articles with your own words
Describe the Soviet Rapid Development Model
Application of Nash Equilibrium and Game Theory with examples
Plot the wage- setting and price setting equation or a property labelled graph and identity the nature rate of unemployment.
Vulnerability Analysis
Problem - Income Elasticity of Demand, Interpret the following Income Elasticities of Demand (YED) values for the following and state if the good is normal or inferior; YED= +0.5 and YED= -2.5
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