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If the economy is at its natural level of output, and then there is an increase in productivity ( example due to new technology), using an AD_AS diagram, what are the effects on output and price in short and long run. also what happens to unemployment in both too
If the MPC is .8 and the government wants real GDP to rise by $100, how much should it increase government spending by?
Last year, Pat and Chris occupied separate apartments. Each consumed 400 gallons of hot water monthly.
Assume that the low-calorie frozen, microwavable food company from Assignments 1 and 2 wants to expand and has to make some long-term capital budgeting decisions. The company is currently facing increases in the costs of major ingredients.
Say your parents give you a car for your birthday. It is not the new model you wanted, but it's in very good condition.The cost of keeping the car to you is.
What did the recent "Sovereign Debt Crisis" in Europe have to do with Fiscal Policy?What are the advantages and/or disadvantages of using monetary policy instead of fiscal policy?
What are the main differences between operating systems for mainframe computers and personal computers? Describe in detail the difference between the client-server and peer-to-peer models of distributed systems.
Elucidate the effectiveness of these staffing practices and selection tools in meeting current and future employment needs of the organization.
Show these data graphically. Upon what specific assumptions is this production possibilities curve based? What would production at a point outside the production possibilities curve indicate? What must occur before the economy can attain such a lev..
The Mor Tex Company assembles Garments by hand even though a textile machine exists that can assemble garments faster than a human.
(a) What is mean by that Explain "strategic behavior" and relate that to the "Kinked Demand" model of oligopoly. (b) Explain the importance of mergers in oligopolistic markets. Is there much price competition in an oligopolistic market
Suppose the market for autoworkers is in equilibrium when the automakers purchase capital goods to produce more fuel efficient automobiles and these capital goods are a substitute for workers. What happens in market for autoworkers?
Public Affairs 854 - Midterm 2 Exam. Suppose the money supply in the US rises exogenously relative to that in the euro area. What will happen to the nominal dollar/euro exchange rate immediately, and over time, if prices are perfectly flexible? Wha..
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