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Should the government raise the budget deficit in the coming years, if so what type of impact will it have on the economy?
Describe how, if at all, each of the following developments affects income, the exchange rate, and net exports in an open economy with floating exchange rates: Suppose the government wishes to lower the exchange rate, ε, but not to change real output..
Demonstrate that inflation is always a monetary phenomenon in the long-run, and explain why it might not always be a monetary phenomenon in the short-run.
When an economy is at full employment, the Production Possibilities Frontier illustrates which Principle of Economics: A. Prices rise when the government prints too much money. B. Trade can make everyone better off. C. People respond to incentives. D..
Illustrate what does the area EBCD represent. Provide a full explanation of the concept that is shown in that area.
If the MPC is .8 What kind of change in Aggregate Output should one expect from an economic stimulus program that plans on increasing government deficit level.
When two countires share similar time orentation values, Like the US and Portugal, what would this mean for international tourissm between the two countires in the future? Would it increase or decrease or stay the same, and WHY?
Evaluate the efficacy of major types of health clinical outcomes one can use in economic evaluation analysis - determine the primary ways in which an established market for health insurance can be efficient, especially when individuals carry less th..
Which of the following describes the expected outcome of expansionary monetary policy in the short run?
Which of the following is a major difference between the AD-AS model and the dynamic AD-AS model? The dynamic .AD-AS model assumes the economy does not experience long-run growth, while the AD-AS model assumes there is constant inflation in the ec..
Sandy has an income of $300 per month and qualifies for food stamps. The food stamp program awards people $100 per month, but that money can only go towards the purchase of food. Assume food costs $1 per unit. Draw Sandy’s budget constraint with the ..
In the IS-LM-BP floating exchange rate model, a depreciation of the dollar is supposed to correct/improve the US trade balance. Does a depreciation of the dollar lead to an improvement in the BoT deficit? Explain in detail.
Should companies have a big role in improving the world? Do you think the pharmaceutical businesses have a social responsibility to make drugs that will combat diseases that are a result of poor living conditions, even though profits will be limited?..
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