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In friedman's interpretation of the philips curve, an expansionary monetary:
1.increase both inflation and nominal output in the short run and long
2. decrease real interest rates in the short run but not in the long run
3.lower the natural rate of unemployment in the short run but not in the long run
4.increase real output in the long run
5. none of the above
Calculate the growth rate of the GDP deflator
In 2008, the price of crude oil (per barrel) set an all-time record of approximately $147 and then sank to near $40 by the end of the year. Since crude oil is a resource that is used in many industries
Draw a graph illustrating this market and in your graph identify the equilibrium price, equilibrium quantity, all intercepts, the area that is CS and the area that is PS.
suppose that the feds inflation target is 2 percent potential outlook growth is 3.5 percent and velocity is a function
Prepare a 1300 words report on Dodd Frank Wall Street Reform and Consumer Protection Act make a review and opinion of its impact on Macro Economy.
Agricultural markets are often cited as exhibiting the characteristics of the perfect competition market structure. Does farming fit this model?
one possible method of determining a group preference relation is the borda count. the way it works is that each voter
Consider a monopolist facing a demand curve given by P = 20 – q, where P is the market price and q is the quantity sold. The monopolist's marginal costs are MC = 2 per unit; there are no other costs.
Illustrate what might be some practical problems or issues the country might face with this proposed plan.
The problem belongs to Economics, mainly Macroeconomics and it is explain the writing a report on an economy which covers macroeconomic factors such as price level analysis, production output performance analysis and labor market analysis.
in your opinion do you feel education is important in getting a better job and earning more money. why or why not?do
a economists often argue that a temporary increase in government purchases -say for military purposes-will crowd out
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