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Pretend the government plans to implement a $750 billion stimulus package focused on building roads in the U.S. to help promote job growth. Assuming that money is effectively used, how would this affect the macroeconomic equilibrium in the short run and the long run?
Provide recommendations for the following three bullets on General Motors. Please provide sources. The impact of new companies entering the market, mergers, globalization on the market structure, price elasticity of demand, pricing, and the sustainab..
Could there be “overshooting” of the exchange rate in the Dornbusch model if goods markets adjusted as rapidly as asset markets? Why or why not? What would be the analog to the general phenomenon of “overshooting” in a situation of fixed exchange rat..
Suppose a firm's Total Cost Function is: Identify: Fixed Cost, Variable Cost, Marginal Cost, Average Fixed Cost
To carry out an optimization? analysis:
Explain is any outcome generated by a Nash equilibrium not generated by any subgame perfect equilibrium.
Suppose that the money supply is equal to $500 Billion and the demand for money is given by M ^d= 1000-100R, where R is the interest rate in percentages. If the demand for money increases by 5%, what would be the size and direction of an open market ..
A perfectly competitive painted necktie industry has a large number of potential entrants. Each firm has an identical cost structure such that long-run average cost is minimized at an output of 20 units (qi = 20). What is the industry's long-run supp..
A) Using two separate supply and demand graphs, graphically show and verbally explain how a shortage is created by each of the two changes. B) Explain what eventually happens to price because of the shortage in a free market.
Read the article titled “Well Functioning Intercultural Nation”. Briefly discuss your thoughts about the speech as it relates to culture, communication, interpersonal relations, and intercultural competence.
What is the non-accelerating rate of inflation? How does it relate to the natural rate of unemployment? What role do expectations play in determining the rate of inflation?
If the cities were the growing centers of economic opportunity, why did many of the people that moved to the city during the Industrial Revolution experience shorter average life spans than those who remained in the country?
Suppose your business is currently employing 750 workers, the only variable input, at a wage rate of $48. The average product of labor is 96, the last worker added 6 units to total output, and total fixed cost is $12,000. What is Average Variable Cos..
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