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Problem 1: Find an article that you think is on a macroeconomic topic. Explain in a couple of sentences why you think the article is about macroeconomics.
Q10 How are inflation and unemployment related in the short-run?
PA11 Suppose Americans decide to save more of their incomes. If banks lend this extra saving to businesses, which use the funds to build new factories, how might this lead to faster growth in productivity? Who do you suppose benefits from the higher productivity? Is society getting a free lunch?
Q4 Name a way that your family interacts in the factor market and a way that it interacts in the product market.
Q5 Name one economic interaction that isn't covered by the simplified circular-flow diagram.
If you were an economic advisor to both the President and the Chair of the Federal Reserve Board, what Fiscal Policy and Monetary Policy recommendations
Recall the following equations which describe an ISLM economy: C(YT)= C1+b*(YT) I(r) = I1 d*r G = G1 , T = T 1 Md= L1+e*Yf*r r e a l M s = MP Suppose the economy is described by the following equations: C(Y −T)=40+0.7*(Y −T) I(r) = 300 − 30r G ..
Based on your analysis in Part (a), calculate the levels of consumption and saving that occur when the economy is in equilibrium.
Consider an exchange economy with two goods, good 1 and good 2, and two consumers, A and B. The preferences of the consumers can be described by a convex indifference curve. A’s initial endowment consists of 10 units of good 1 and 15 units of good 2,..
What distinctions can you identify among sampling, appropriating, and stealing components of a song?
What do you think about the current agrarian system? How have their lives changed (or not changed) by the land reforms that have been implemented throughout the
An airline ticket costs the same from Casper, Wyoming to Denver, Colorado, and from Denver to Orlando, Florida. Does this make economic sense? Explain the rationale behind equal prices for unequal distances in air travel using supply, demand, and..
Why does the government intervene in the economy? Should they and what would the impact be if they did not?
What is the capitalized cost of a structure that will require construction cost of P1,000,000 immediately and P80,000 each year for the next four years and annu
If you are currently unemployed, define the job you are looking to apply for and how you would use operation security in that job position
This entire chapter details the importance of economic growth. Give me 4 examples of how the factors used for economic growth.
Regarding the Lorenz curve and you are waiting for the state's demographers office, how would you (1) describe and explain a Lorenz curve
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