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1. Why was the inflation at the end of the Golden Age so disruptive? Do you think that even without the two oil shocks it would have become so powerful a force? Without the Vietnam War? Was it "in the cards," or was it the product of these two political events?
2. How would you describe "stagflation" as opposed to "inflation"? Does it refer to the presence or absence of economic growth? What, in turn, determines how strong growth will be?
3. The Federal Reserve has the power to change the rate of interest that it charges its member banks when they borrow reserves (government bonds) from the Fed. Why would a member bank want more reserves? Why would a higher rate of interest change the interest rate that a bank charges a company seeking a loan?
4. Inequality has been a growing concern for Americans. Do you think there is some "right" distribution of income? How would it be determined? Why is a growing percentage of income going to high-income families and a declining percentage going to low- income families regarded as an unwelcome phenomenon? Is the reason moral, economic, or both?
If a representative company with long run total cost given through TC = 50 + 2q + 2q2 operates in a competitive industry where the market demand is given through QD = 1,500 - 40P,
Evaluate the article using Economic concepts - The essence of the story: Introduce the issue, who is interested in it and why.
q1 hahn company uses the percentage of sales method for recording bad debts expense. for the year cash sales are 300000
What type of compensation policy would you expect to observe in an industry with rapidly changing technology? Explain. Suppose you are the owner-operator of a gas station in a small town. Over the past 20 years, you and your rival successfully kept p..
keynesian economists favor active policymaking based on the phillips curve and nairu theories. these theories purport a
What market structure have you entered, and why and what can you do to guarantee success in this market?
Write a paper of no more than 1,700 words that explains how technology has affected your chosen countries nonrenewable resource balance from a global energy perspective.
A firm produces output according to a production function: Q = F(K,L) = min {2K,4L}. a. How much output is produced when K = 2 and L = 3?
Suppose there are two countries that are identical with the following exception. The saving rate in country A is less than the saving rate in country b. Given this information, we know that in the long run
Why does Walmart need to be concerned about exchange rates? How can the company use the tools manage their exposure to currency risk?
What effect do government intervention, taxation, and regulations have on economic behaviour? Describe. What are real-world examples of government intervention, regulations and taxation? What are the goals of each?
One characteristic of automatic fiscal policy is that it...
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