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1. Suppose the government cuts transfer payments in an economy with an inflationary gap. How would this policy affect bond prices, interest rates, investment, the exchange rate, net exports, real GDP, and the price level? Show your results graphically.
2. Given the nature of the implementation lag discussed in the text, discuss possible measures that might reduce the lag.
3. Federally funded student aid programs generally reduce benefits by $1 for every $1 that recipients earn. Do such programs represent government purchases or transfer payments? Are they automatic stabilizers?
4. The text notes that changes in oil prices can affect the inflation-unemployment outcome. Explain what effect changes in oil prices may have on these two variables.
(Find the Minimum) Write a method minimum3 that returns the smallest of three floating point numbers. Use the Math.min method to implement minimum3. Incorporate the method into an application that reads three values from the user, determines th..
What is the nature of Adam, of humans in general? What is their relationship to angels and the other created beings? How did the angels feel about the creation
A discussion of the importance of contracts in American business. Why do contracts exist? How might contracts influence the sustainability of a business?
All dogs are dangerous. The golden retriever is a dog. Therefore, the golden retriever is dangerous. Is this argument sound or unsound?
Why government needs to reduce its dependence on oil industry? What steps are taken by Oman's government to reduce its dependency on Oil Industry
Describe the role of the financial institutions and financial markets in our economy. Differentiate between primary and secondary markets. Differentiate between money and capital markets.
Examine an exchange-traded fund (ETF) for that currency, perform any additional research you need to do in order to understand the topic, and then write a 750-word paper that summarizes the results of your macroeconomic analysis.
Why does a market labor supply curve have a positive slope even though individual labor supply curves may be backwards bending?
Read the article "Play around with prices is a bad idea" and answer the following questions:
Keynes describws that the level of output and employment in the economy was determined by aggregate demand or effective demand.
Suppose that the interest rate is 5%. Which of the following statements are true and which are false?
There is no missing information. This is a general question in regards to the effects of crowding on an investment demand curve.
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