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Write an essay on any one of the following topics -about 2000 words
1. What do you think should be the 3 major macroeconomic goals of an economy? What policy mix helps government attain these goals?
2. How can we measure our nation's economic performance? What are the two different approaches? What factors make it difficult to calculate GDP accurately? How does GDP fail to measure economic welfare accurately?
3. Trace Canada's GDP over the past 40 years. Which years did Canada experience recessions? Categorise the recessions as short lived or prolonged. What were the causes for this difference? What policies did the country generally follow under these circumstances?
4. Compared to the United States, Canada's unemployment rate has generally been higher than that of the U.S. High light the reasons for this. What remedial actions can be taken to reverse this trend.
5. Trace the relationship between the US dollar and the Canadian dollar. What are the major factors that determine this relationship. Focus on the past 18 months when answering this question
Consider the following infinitely repeated model between two firms. Each period, the firms earn profits of 10 if they successfully collude. If a firm deviates from the aggreement, it earns 15 in the period in which it cheats. In each period that t..
Suppose the elasticity of U.S. exports with respect to the real exchange rate is very low
Illustrate and explain the interaction of households, businesses, government and global markets in the circular flow of economic activity.
Describe how a change in investment can have big impact on GDP causing a nationwide slump. Recall that investment is "small" relative to the entire economy.
Using the utility function: U (x, y) = x^gamma + y^gamma , 0
Real GDP is 15.4 trillion and Potential is 15.8 the purchase multiplier is 2 and the tax multiplier is -1.6 how much does the government need to spend to increase the GDP .4 trillion
In year 1, Lauderhill Corporation issues three-year bonds. Martha, a cash basis taxpayer, purchased a $10,000 bond at its issue price of $7,000. In year 1, $840 of the interest accrues.
our company has purchased a large ne truck for over thr road use(asset class 0.26).it has s cost basis of $180,000.With additional options costing $15,000,the cost basis for depreciation purposes is $195,000.its ,MV at th end if five years is esti..
Compute the 10-year growth rate forecast utilizing the constant growth model with annual compounding, and the constant growth model with continuous compounding for each occupation.
Why do you suppose that people who propose stiffer penalties for violations of laws prohibiting the sale and use of marijuana argue that toughened enforcement would push up the market price of marijuana and significantly reduce its use
Suppose an investor has the utility function U(R,s) = R - 0.3s^2 (Here, R denotes the expected rate of return (R) of their investment portfolio and s denotes the risk associated with that portfolio, but this information is not necessary to solve ..
With base year 2002, the CPI in 2011 and 2012 were 240 and 250, respectively. If a flat screen TV cost $1164 in 2011 and $1200 in 2012, was the flat screen TV more expensive in 2012?
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