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1. If the government decided to raise taxes, which policy is it using? Is this expansionary or contractionary?
2. Which would you prefer to live with, inflation or unemployment?
let b1hat and b2hat denote the estimated regression coefficients from a sample of size n for y x1b1 x2b2 u.show that
Intra-industry trade comprise countries exporting and importing the same or very similar goods. Why would countries export and import the same or similar products.
A researcher is interested in the size of the current balance of credit card holders. To estimate this, he obtains the size of the current balance of a random sample of 25 credit card holders. A 90% confidence interval for the mean current balance..
Research federal government spending and taxes over the last 3-5 years (fiscal policy). Has total government spending increased or decreased? Explain. Have income tax rates increased or decreased? Explain.
Meek mill bought £75,000 (nominal value) of 3¾% debenture stock with each £100 (nominal value) of stock costing £90. (a) Calculate the amount paid for the stock.
The firms and workers in Alpha form expectations adaptively. The firms and workers in Omega form expectations rationally. Their otherwise identical economies are initially in equilibrium at the natural level of output with 10 percent inflation.
Bill Gates, the CEO of Microsoft, testified before Congress that he could not employ enough highly skilled computer engineers.- What effect does this have on the supply and/or demand curves?
question 1 suppose that an economy produces only 2 goods beer and pizza. nbspshow a typical production possibilities
Elucidate the economic cost function for this business. What is the economic break even number of units for this operation.
If a cartel like OPEC restricts the output of member nations to less than they are capable of producing with their existing levels of capital equipment, does the social cost of a monopoly increase? Explain.
some producers cooperatives in europe operate in the marketplace without using money. such a society works through an
Calculate the effect on the Canadian dollar of a decline in Canadian interest rates to 3% assuming that interest parity holds and Derive expressions for the IS and LM curves in this economy, in each case with the world real interest (rw) on the left..
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