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Q1. Why do economists pay more attention to national economies than state or regional economies?
Q2. Determine what factors might contribute to a low level of productivity in an economy and compare these to rapid productivity growth experienced through the United States during the 1990s.
Illustrate what happens to the demand curve and the supply curve when any of these determinants change.
Illustrate to what extent is Walmart's financial health affected by fiscal also monetary policy.
Exp[lain how does banks use Covered interest arbitrage to protect themselves.
In 1982 to 1984 the base period used for the customer price index, the average earnings of construction workers were $442.74 a week.
Get price level stability under these conditions the government should:
Discuss an adjustment process using AD and AS analysis that will ensure that the economy will return to full employment.
Explain why do people who work at investment banks earn so much. What is the justification for capital requirements imposed by bank regulators.
Two identical firms face linear demand. Market demand is given by P=30-Q. Compare graphically consumer and producer surplus in Cournot and Stakelberg equilibria to perfect competition.
Assume that a borrower and a lender agree on the nominal interest rate to be paid on a loan.
The year is 2007, and the price elasticity of driving on Dulles Toll Road is 1.6. The owners of Dulles Toll Road raise the cost of a one way trip to $8.50.
Suppose Bank of Canada (BOC) purchases $100 million worth of government bonds from a chartered bank. Assume BOC imposes 5% legal reserve requirement ratio to the banking system.
Describe the Product Life Cycle Concept and include the relative amounts of sales and profit during each stage.
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