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If the economy is in a recessionary gap, what must happen to reach potential GDP.
a. The expenditure level must fall and the price level must rise
b. The expenditure level must rise and the price level must fall
c. The expenditure level must rise and the price level must rise
What happens to the scale of firms in the long run What motivates firms to choose the scale of operation that they do How does the market adjust in the long run when firms are earning short-run economic profits
Suppose that the city of New York issues bonds to raise money to pay for a new tunnel linking New Jersey and Manhattan. An investor named Susan buys one of the bonds on the same day that the city of New
assume that you have been appointed as the speaker of the house. you must deliver a speech about the current state of
Even before the metals and manufacturing companies described earlier, U.S. railroads in the nineteenth century were M-form organizations based on geography
suppose that the required ratio is 20 percent. a banks customer deposits into her account 100000 dollars in funds from
Discuss the pros and cons of such a policy from a short-run versus a long-run perspective. Also, include a discussion of the Phillips curve in your analysis.
The water company is privately owned and is the only water company in town. It is licensed and franchised by city for a 10 - year term, just renewed.
The Federal Reserve makes an open market purchase and the change in reserves is the same as the change in the MB. Therefore, the Fed
1. suggest how an economist would approach the problem of alcohol abuse. provide two 2 possible solutions to this
Graph the typical consumer’s demand curve. Use your graph to figure out what price Philadelphia Electric should charge for the first 400 Kilowatts used. What should it charge for the next 400 Kilowatts? the next 400?
The owner of a flower shop needs a short-term loan to tide her business over until she completes the sale of some unused property.
There are 100 dog kennels in Atlanta. An economist studying the pricing behavior of dog kennels tells you that she is limiting her analysis to a time period that does not allow for any new dog kennels to enter the industry or for any established d..
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