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Why may a food shop charge higher prices than supermarkets for ‘essential items' and yet very similar prices for delicatessen items?
What are the critical fiscal and Fed policies?
The Federal Reserve’s strategy will require changing the money supply. How does the Federal Reserve do this, and how (and why) does this affect interest rates?
Explain how might we interpret this statement in terms of cost curves and revenue curves.
Explain in detail keynes view on income determination. that is to account for income determination using the keynessian model oif income determination approach
Suppose that a model of the economy suggests that the real interest rate is determined by the equation R= 8.5 - % ?Y Where Y is the level of output, so % Y is the growth rate of output. Suppose that people expect the Fed to hit its inflation target.
Suppose that a business has developed a very high-quality product and operates more efficiently in producing that product than any other potential competitor.
We are in the midst of a slow growing economy in the aftermath of a severe recession. During the economic downturn many businesses laid off workers very quickly once they forecast their sales were dropping. What is the economic reasons behind cutt..
Explain how the economy adjusts back to long-run equilibrium. When the economy has adjusted back to long-run equilibrium, how have the values of each on the following changed relative to what they were before the increase in exports:
Explain what happens to the nation's aggregate supply curve, the short-run equilibrium level of output, and the price level if:
Suppose that the assumption in key concept are satisfied. Show that X i is a valid instrument. That is, show that key concept 12.3 is satisfied with Z i = X i .
Assume a friend tells you that her Economics instructor made two seemingly contradictory statements to the class. The statements were 1.
a) What are BRICS' shares of the world population, the world GDP and the world total trade? b) What is BRICS' proposal for a new World Bank and International Monetary Found (IMF)?
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