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An increase in government spending on health care is likely to shift the: A. short-run aggregate supply curve to the left. B. aggregate demand curve to the left. C. short-run aggregate supply curve to the right. D. aggregate demand curve to the right.
Suppose that this year's money supply is $1/2 trillion, nominal GDP is $15 trillion, and real GDP is $10 trillion. a. What is the price level? b. What is the velocity of money? c. If the velocity of money is constant, but output of goods and services..
Firm A is the incumbent in a market and currently enjoys a monopoly. Firm B is a potential entrant. The demand in this market is p = 6 - (qA + qB), where p is the industry price of output. Both firms produce output costlessly.
In 2008, the Fed reduced both the discount and federal fund rates dramatically. But bank loan volume didn’t increase. What considerations might have constrained the market’s response to Fed policy?
“When the Fed increases the legal reserve requirements, it loosens credit, because the banks have more reserves.” Comment and evaluate.
a technology is invented that makes labor and capital perfect one to one substitutes in the production of mint
Discuss a time when you have had to deal with a sensitive and/or a negative message. What would you do differently in light of the material covered in this module? If you would do nothing differently, describe how your handling of the message aligns ..
Canada and Mexico. Suppose that Canada and Mexico produce two goods: timber and televisions. Assume that land is specific to timber, capital is specific to televisions, and labor is free to move between the two industries. Considering these changes i..
Consider the Ricardian model. Home has 1200 unites of labor available. It can produce two goods, apples (A) and bananas (B). The unit labor requirement in apple production is 3, while in banana production it is 2. Construct the world relative supply ..
Consider smoking in a classroom, where students have the right to clean air. What types of externality does smoking in a classroom convey? Explain. How could this externality be solved according to Coase Theorem? Explain. How would it be solved using..
Assume that your community has a newly-discovered radon health problem. From which state and local government and non-government agencies would you seek advice? Why would they be chosen? How does this fit their mission? What expertise would they have..
What is the compound amount factor of single payment? (Use graphs and equations) If you have $2,000 now and invested it at 10% interest compound annually, how much would it be worth in eight years?
q.a local pet store roscoes rascals elucidate which among them has concerted on selling puppies is considering adding a
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