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What impact would a change that shifts an economy's production possibilies curve outward have on the long run aggregate supply curve? How have imporvements in computer technology affected production possibilities and the long run aggregate supply curve?
Describe why population growth has such a negative impact on economic growth in Malthusian and Neoclassical growth models.
Two indicators of economic development include Gross Domestic Product (GDP) and the Human Development Index (HDI). What is the difference between these two ways of measuring levels of economic development Identify an advantage and disadvantage of ..
Determine whether each of the following increases, decreases, or remains unchanged in the short run: the market interest rate, the quantity of money demanded, investment spending, aggregate demand, potential output, the price level, and equilibriu..
Assume whether you believe the organization will expand or contract as well as address the price elasticity of demand and competitors.
Suppose that you have following open economy where C = 10 + 0.8(Y-T); I = 10; G = 10; T = 10 and imports and exports are given through IM = 0.3Y and X = 0.3Y* respectively
Explain why should you, as a future employe, be concerned about the downward trend in labor productivity increases that have been observed since the early 1970s.
Calculate the breakeven level for the subsiquent YoYo firm. The firm has overhead.
Suppose the Federal Reserve lowers its target for the federal funds rate six times in seven months while the European Central Bank leaves its target for short term interest rates unchanged.
The relative price of tea in terms of Civics increase or decrease. Illustrate what about the relative price of Civics in terms of tea.
Explain how many tonnes of wheat and how many tonnes of copper ingots will be produced if each country specializes.
Over the past two decades, according to the U.S. balance of payment, the current accounts and the capital account balance tend to move in same direction.
Explain what would happen to the demand for Motorola picture phones if the price of digital cameras rose
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