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German unification involved massive expenditures for infrastructure in the east, as well as transfer payments to many former East Germans. Should such expenditure have been financed by (a) money creation because of their transitory, exceptional nature, (b) debt, or (c) taxes? Justify your answer.
Discuss the differences between behavioral and equilibrium relationships and explain the basic Idea behind the Solow model and its relationship with technological advance. What will add to capital stock and detract from it.
Imagine a person's utility function over two goods, X and Y, where Y represents dollars. Specifically, assume a Cobb-Douglas utility function:
Explain why government regulation is needed, citing the major reasons for government Involvement in a market economy and justify the rationale for the intervention of government in the market process in the U.S.
The notebookalso comes loaded with one of four different games. How many different combinations of colors and games are possible? If you were to order three different notebooks withoutstating preference on color or games, what is the probability t..
What is the "current macroeconomic situation" in the U.S.? What fiscal policies and monetary policies would be appropriate at this time?
What method is used to ration goods in a market economy? How does this rationing method influence the incentive of individuals to supply goods, services, and resources to others? How are grades rationed in your economics class?
What is the opportunity cost of investing in capital? Do you think a country can "over invest" in capital?
a malibu boat will cost 32500 when purchased. gasoline and maintenance will approximately cost 25hour and equipment
In the market for flash memory drives ( a normal good), exlpaing whether the following events would cause an increase or a decrease in demand or an increase or decrease in the quantity demanded.
What were the two main competing arguments (i.e., one pro, one con) made with regards to whether or not AT&T and T-Mobile should have been allowed to merge Do you think the two should have been allowed to merge
Illustrate what effect if any will this have on competition with Canadian and US firms. Elucidate extent is your answer industry dependent.
Illustrate the short run effects on the macro-economy by using the aggregate supply-aggregate demand model. Be sure to indicate the direction of change in Real GDP, the Price Level and the Unemployment Rate. Label all curves and axis for full cred..
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