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When the expected future output will increase, and due to this effect what will be the reaction of people in current time period regarding consumption. What is the effect of this output on the interest rate and output in current time and how the market will clear? Draw and discuss.
On a scale diagram, with the percentage of households on the vertical axis and the percentage of aggregate income on the horizontal axis, plot the Lorenz curve for fantasyland?
Write a one page analysis describing how well you think the model performed in estimating the rate of inflation.
From a previously answered question by you on May 14th; "The city of Clearview has decided to review how it handles the flow of tourists at Tourist Tower, the city's most popular attraction..."
Elucidate foreign demand for dollars as well as the international value of the dollar.
Suppose central bank imposes expansionary monetary policy. How would this policy affect bond prices, interest rates
Suppose the elasticity of U.S. exports with respect to the real exchange rate is very low
Assume the economy of country A is in a long-run equilibrium with full employment. The nominal wage of workers are fixed in the short run.
For many years, the conventional wisdom of development economics assumed an inherent conflict between the objectives of maximizing output growth and promoting rapid industrial employment growth.
while a dairy farmer has a horizontal demand curve? What other suppliers might face a downward-sloping demand curve and what implications does this have for their advertising budget as compared to suppliers with horizontal demand curves?
GDP (or GDP per capita) is a common measure for a country's standard of living. Discuss the shortcomings of using GDP in this way.
Assume the United States economy is currently operating at full employment. A. draw a correctly labeled graph of aggregate demand and aggregate supply and show each of the following.
The prime minister of Australia informs you that given a federal election is due in a year, she will significantly increase government spending now.
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