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Suppose the government eliminates all environmental regulations and, as a result, the production of goods and services increases, but there is much more pollution. In this scenario, what would happen to real gdp and why
There are lots of differences between a market served by a monopoly and a market that is perfectly competitive. Sort the items below according to whether they are associated with a single-price monopoly or perfect competition.
The main tool that the federal reserve uses to conduct monetary policy is
Present a thorough analysis of fiscal policy. Detail the effects of discretionary fiscal policies, the various policy levers, the impact of crowding out, time lags, and automatic stabilizer
Briefly explain how each of the following factors affect 17 year old Bob 's decision to go to college: his discount rate, the difference in labor market earnings in each year post-college between what Bob would earn with and without the college degre..
q1. discuss the current state of the chilean economy by focusing on the recent past and macroeconomic characteristics
Whenever the amount of output produced is not as great as the amount that the economy is capable of producing, there is a positive GDP ___________ and cyclical unemployment will be the result.
Consider the demand for hamburgers. If the price of a substitute good (for example, hot dogs) increases and the price of a complement good (for example, hamburger buns) increases, can you tell for sure what will happen to the demand for hamburgers? W..
Suppose a firm faces the following demand for its output q: q = 100 – 10p, where p represents the price it receives per unit sold. The level of output at which this firm maximizes its total revenues is [q]. (NOTE: write your answer in number format, ..
What are the 4 types of unemployment? Please explain the current situation of employment in the United States; how does it differ for the long-term unemployed (over 6 months)
1. Assume that inflation is currently 4% but the Fed’s inflation target is 2%. if the economy is currently at full employment, what should the Fed choose as a target for the federal funds rate?
what happened to the overall price level. Explain how might you construct a measure of the change in the price level.
What is the economic effect of price? ceilings?
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