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What is described as the most efficient manner of evaluating fiscal growth?
Provide an examples of how each industry practices price discrimination. What are the short and long term strategic reasons these industries employ tiered pricing.
Describe the present economic crisis situation in Europe. Why has it been so difficult for the Europeans to find a solution to this problem? Comment on what implications the crisis may have for the rest of the world if Europeans are not able to ag..
Create another diagram; once again start from an initial macroeconomic equilibrium. Explain both the SR and LR impact of a contractionary AS shock on Y. Use the appropriate diagrams and provide a brief real world example of this type of shock.
What was the growth rate of the population between 2007 and 2008, round to the nearest percent Calculate real gdp per capita in 2007 and 2008. What was the growth rate of the real gdp capita between 2007 and 2008, round to the nearest percent
What is the saving function? What is the marginal propensity to save and what is the aggregate expenditure function? What is autonomous expenditure? What is the marginal propensity to withdraw?
In classe, we showed that any player 10s strategy b0 1 > v1 is weakly dominated by strategy b1 = v1. Combine the above two statements, what conclusion can you draw Why this conclusion is relevant if we want to show (b1 = v2; b2 = v2) is the domina..
Credit card numbers, Social Security Numbers, online purchases, business orders, and so on must all be transmitted over secure communication channels. The Public Key Infrastructure (PKI) provides the most widely used secure communications technolo..
If the government levies $20 billion in taxes to finance additional spending on military weapons, the net impact on total employment will be
Consider the following production functionY = F(K, L) = A[αKρ + (1 - α)Lρ]1ρ ,where K stands for capital and L for labor. (b) Find and expression for output per capita in terms of capital per capita.
Kim gets a research grant and his income increases to $80 a month. What is the new equation of his budget line? What if income stays constant at $40, and the price of a book increases to $10?
Assume a country is in a flexible exchange rate regime. Now suppose that the world interest rate falls. Discuss what the policy makers must do to maintain the pegged exchange rate. What is the effect on domestic output, exports, and imports. Show gra..
Do you think that monetary policy should cooperate with fiscal policy? If so, why? How could their joint actions affect the level of the debt-to-GDP ratio?
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