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Illustrate what did classical economists assume about the flexibility of prices, wages, and interest rates? What did this assumption imply about the self-correcting tendencies in an economy in recession? What disagreements did Keynes have with classical economists?
Assume you executed a 90-day forward contract to exchange 100,000 Swiss francs into US dollars. How many dollars would you get 90 days hence.
Elucidate how cost-push inflation might prompt policymakers to take actions that subsequently cause demand-pull inflation.
There are many factors might change AD and AS, and equilibrium. Please evaluate the effect of following scenario on the AD curve, AS curve, and accordingly the effect on equilibrium price level and equilibrium GDP/output.
Compute the price of the stock. A stock has a P/Sales ratio of 3. Sales per share is $16. Find the price of the stock.
State are you for or against free trade. Are you for or against NAFTA? What is the economic basis for trade
Assess the degree of difficulty associated with measuring marginal revenue product for each of the following occupations.
Once it is describe to be elastic or inelastic, explain how do you come to that conclusion.
Why is it not surprising to find that in an oligopoly which sells a basically undifferentiated product like chicken growth hormone all the firms change prices simultaneously, even if there is no explicit price fixing?
List the four assumptions for the Monopolistic competition model. Now explain how the market will adjust in the long run and draw a corresponding graph for the representative firm in the long run. (Explain your answer.)
Compute the expected value (revenue) from each project. Compute the coefficient of variation of each project, and find out which project should the company choose. Compute the variance and standard deviation of expected value from each project.
Explain the method that you would use in your establishment also explain why you have made this decision.
Elucidate how do Keynesian and Real Business Cycle economists differ on the right response to Japanese stagnation.
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