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Estimate which quadrant of the swan diagram is Japan operating in (i know that it is currently in the deficit unemployment quadrant but i need further explanations)? What might that predict about the role for policymakers - what should be the policy focus - internal and external balance?
Long-run real interest rates are expected to increase. An accountant and an MBA student (who just finished his course of ) where interviewed regarding the effect on the firm they both work at. Keeping all else constant, their answer would likely diff..
The government introduces a new regulation according to which all carpenters must have a license. Assuming that the market for carpentry services is perfectly competitive, explain the effect of the licence on an individual carpenter's (i.e. the suppl..
Leaders generally want followers who can bring up issues or concerns in a positive way that leaves room open for change. Can you think of a time you had an opinion that ran contrary to your leader's thoughts? How did you express it? How was it receiv..
Two identical firms have the cost function C(q) = 100 + q2 They face the demand function: P = 40 - Q (a) You are told that in equilibrium, both firms are making zero profits. What is the equilibrium price?
How could the formation of an economic integration unit among several countries actually result in the countries trading to a greater extent in absolute terms with the outside world than before the union was formed? What factors would you consider in..
In this paper, you will trace several major international economic events beginning with the aftermath of World War II and ending with the current time. In your discussion, describe each event and its lasting impact on the world economy, particula..
Consider a firm using labor and capital as its only inputs. The price of capital is $40 where the price of labor (wage) is $60. Using 500 units of labor and 500 units of capital the firm is producing 1200 units of output. At this mix of input the fir..
Explain two distinct factors through which geography can affect a country's income and prosperity. For both of these factors described in part A, discuss whether you think the effect of these on a country's income is fixed over time or whether the ef..
Show the effects of an increase in the total factor productivity, z, on the Laffer curve, on the equilibrium tax rate, and on consumption, leisure, the quantity of labor supplied, and output.
Oceana is small country. Using the open-economy macro model, trace the effects of the following actions on savings and investment in Oceania and Oceania’s trade balance. Make sure you explain the transmission mechanism of these effects with graphs. A..
A material handling system was purchased 3 years ago for $120,537. Two years ago it required substantial upgrading at a cost of $14,340. It once again is requiring an upgrading cost of $24,925. Alternately, a new system can be purchased today at a co..
What is the impact of raising required reserve ratio on the Federal Funds market?
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