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What are some of the limitations using gross national product as ameasure of economic performance?
Discuss three automatic expenditures in the federal budget. What is the difference between discretionary fiscal policy and automatic stabilizers?
Suppose you were having lunch withyour best friend who just enrolled in an economics class. He was complaining about how irrelevant the class was, commenting that he saw no useful purpose for economics.
What is a maturity bucket in the repricing model? Why is the length of time selected for repricing assets and liabilities important in using the repricing model?
State the commodity in which each country has absolute advantage and identify the commodity of comparative advantage for each country and indicate the gains to Zambia and Tanzania if the two countries exchanged 6 barrels of oil for 6 yards of cloth.
in the 1990s five firms supplied amateur color film in the united states kodak fuji konica agfa and 3m. from a
If the yed for a product is equal to one , is it a basic or a luxury good? If ?Qd% does not change , what does it mean for the Yed?
Compute nominal GDP in 1980, 1990, and 2000. Do you observe a trend in the data? Compute the growth rate of nominal GDP from 1980-1990 and 1990-2000. Using 1980 as the base year, compute real GDP in 1980, 1990, and 2000. Compute the growth rate of r..
Antitrust authorities at the Federal Trade Commission are reviewing your company's recent merger with a rival firm. The FTC is concerned that the merger of two rival firms in the same market will increase market power.
A decision making model is more beneficial than simple comparing costs and benefits because decision making model encourages you to consider multiple options?
the elasticities in the above question and assuming that higher gasoline taxes would not shift either the SUV supply curve or the hybrid supply curve, explain how higher gasoline taxes would affect the equilibrium price and quantity of SUV's. Also..
Using 2 clearly labeled graphs, demonstrate the outcomes from each of these policies on the market (price and quantity) for domestically produced beets.
suppose instead that the firms in problem 9 compete by setting quantities rather than prices. all other facts are the
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