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Draw a graph with a steep Phillips curve and a graph with a gently sloped Phillips curve.
A) Explain how the two economies respond differently to a boom and to a slump.
B) What are some factors that might influence the slope of the Phillips curve?
C) Do you think the slope of the Phillips curve has changed over time in the U.S. economy? Consider the United States in the 1970s versus today.
Explain how does technology affect an organization's productivity and costs. How has your organization used technology.
Explain and calculate the current account balance and explain and calculate the capital account balance and did U.S. official reserves increase or decrease? Explain
Banks fail when all depositors try to withdraw money at same time. One way to stop this problem would be to need banks to hold 100 percent of deposits on hand.
Suppose that in response to learning that some sick individuals were denied health insurance, the government mandates that insurance companies must offer insurance to everyone at unregulated rates.
Explain how are the slope of a production possibilities frontier and the opportunity cost of the goods related.
Where does cross-price elasticity information is more important.
Discuss the impact of foreign economic aid from rich countries to LDCs and should developing nations continue to seek such aid?
Jim is considering quitting his work and utilizing his savings to start a small business. He expects that his costs will consist of a lease on the building, inventory, wages for two workers, electricity and insurance.
A representative company with long-run total cost given by TC =20+20q+5q2 operates in a competitive industry where short-run market demand and supply curves are given by QD = 1,602 - 40P and QS = - 400 + 20P.
Maker an article or current event article which relates to government regulations or antitrust activities.
Find two articles about a macroeconomic problem currently in the news from either a newspaper or news magazine.
Calculate the real GDP in every year, assuming that the nominal GDP was $559 billion in the base year, $577 billion in year one, and $605 billion in year two,
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