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Answer these questions about durable goods and GDP:
a. Do consumer nondurable or durable goods tend to change more over the course of a business cycle?
b. How are consumer durables like investments?
c. Can either fixed investment or inventory be negative in a given year? d. Why isn't all of government spending part of GDP?
Are there other factors that could affect the growth rate of output in the short run ?
What causes business cycles in the coordination failure model?
Assume there are 600,000 residents of whom there are 20,000 residents under the age of 16, there are 30,000 institutionalized adults, there are 50,000 adults not looking for work, and there are 140,000 unemployed who are actively looking for work
Should we have the social security program when consumers have this from of myopia?
Which of the following is true about the winner's curse?
Professor Goodheart gives 3 midterm exams. He drops the lowest score and gives each student her average score on the other two exams. Polly Sigh is taking his course and has a 60 on her first exam. Let x2 be her score on the second exam
Natural resources and international trade? What is the status of the H-O theory today?
Prove that the steady-state equilibrium is unique and globally (saddle-path) stable. What is the impact of a higher rate of technological progress?
What is the difference between the interest rate on one-year dollar deposits and that on one-year euro deposits (assuming no repayment risk)?
office building maintenance plans call for the stripping, waxing and buffing of cereamic floor tiles. this work is contracted out to maintenance firms and both technology and labor requirements are very basic. qs=2p-20 and qd=80=2p algebraically
Consider each of the following situations involving moral hazard. In each case identify the principal (uninformed party) and the agent (informed party) and explain why there is asymmetric information. How does the action described for each situati..
If retailers such as Wal-Mart and Target find that inventories are rapidly being depleted, would it have been caused by a rightward or leftward change in the aggregate demand curve? What are the likely consequences for output and investment?
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