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Suppose that the economy is currently at potential output. Also suppose tht you are an economic policy maker and that a you have been asked to rank if possible, your most preferred to least preferred type of shock: positive demand shock, negative demand shock, positive supply shock, negative supply shock. How would you rank them and why?
what determines a nation's real aggregate income According to the classical model of income determination, what determines a nation's real aggregate income What accounts for the difference between the two models
Choose a social difficulty where free markets are not allowed to function and describe how free market features could be introduced to help alleviate the difficulty.
Calculate the markup percentage also target selling price that will allow Bolus Computer Parts to earn its desired ROI of 25% on this new component.
Sometimes it is convenient to think about the consumer's problem in its "dual" form. This alternative approach asks how a person could achieve a given target level of utility at minimal cost. Develop a graphical argument to show that this approach ..
b) What is the current long-run equilibrium price level c) If the economy grows sufficiently at $2 trillion, real GDP remains forthcoming in the long run, and the aggregate demand remains unchanged, what will be the new long-run equili..
Suppose, instead of a constant velocity money demand function, the velocity of money in this economy was growing steadily because of financial innovation. How would that affect the inflation rate Explain
Define the high school and college graduate dummies in Stata and add them to your regression model, impact on your interpretation of the coefficient on the restaurndummy
Explain why are prices generally higher for goods/services in London as opposed to Newcastle, or New York as opposed to San Fran.
Explain how would you explain reservations in the United States about the implementation of NAFTA. Do you think that NAFTA is a "good thing".
The absolute value of coefficient of the price elasticity of demand.
Illustrate what effects can the ownership of a significant part of a private firm by the government have on the firm's decision-making process and on the economic system in general
When all people use economic reasoning, incompetence is impossible, because if the profit of decreasing that inefficiency were greater than the expenses, the inefficiency would be eliminated.
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