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Describe three different policies that could be used to increase the growth rate of the potential GDP. Identify whether each policy is aimed at technology, capital formation, or labor supply.
For the next three questions we will consider Sante Bank, which has the following (partial) list of accounts on its balance sheet:
Suppose there are only two people in society. The demand curve for person A for mosquito control is given by qA=$100−P. Suppose mosquito control is a nonexclusive good – that is, once it is produced, everyone benefits from it. What would be the optim..
How does global economic competition impact the domestic market and decisions related to the strategy a firm uses to compete? Why do some economists oppose trade restrictions? Explain your answer.
In classical macroeconomic theory, the concept of monetary neutrality means that changes in the money supply do not influence real variables. Explain why changes in money growth affect the nominal interest rate, but not the real interest rate.
Identify a company that you successfully creates shared value, and explain how they do it. Cite any sources in APA format.
Currently, the retailer sells 50 suits per week for $200 each. The retailer wants to sell the entire stock of 200 suits during the next year. What should be the sales price?
A product earns an annual gross revenues of $90,000, the variable costs is $60. The fixed cost are $30,000 and the product is sell for $90. The quantity of product sold last year was $1000. The annual profit is most nearly:
Do Monopolistically competitive firms generate a long-run profit? Why is a monopolistic competition said to be inefficient?
If the original supply curve of cocaine on the streets was horizontal, what is the net effect of police activities on the market for crack in this city. Compute the value for p that prevails before police intervention in the market.
If banks operated under a 100 percent reserve system, commercial banks would not be able to create any further money. A vertical curve that defines the level of full-employment or potential output based on a given amount of resources, efficiency, and..
In the simple Keynesian model, if output exceeds aggregate expenditures, According to the Keynesian analysis, as income increases, the marginal propensity to consume will rise. In the classical model, a self-regulating market would. According to the ..
A commonly debated issue in macroeconomic policy is whether or not the government should balance its budget. What is your stance on this issue and why? (If you can cite a study that supports your stance, it would be helpful.)
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