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The short run aggregate supply curve can go beyond full employment. the least likely way to do it is
a. offer overtime
b. hire temporary workers
c. acquire more land
d. defer taking machines out of commission for maintenance for a short while if possible
Assuming a two sector economy where there is only consumption and investment expenditures, why must savings and actual investment be equal in value even if actual investment is not equal to planned investment?
Please write some comment about the following point of view. And it is better that have some real world data to support the comment, from perspective of supporting free trade. “have forced American workers to compete against desperate and low-wage la..
five firms supplied amateur color film in the United States: Kodak, Fuji, Konica, Agfa, and 3M. From a technical viewpoint, there was little difference in the quality of color film produced by these firms, yet Kodak's market share was 67 percent.
The aggregate demand function for donuts is given by D(P) = (131/2) - (p/2) and the aggregate supply function is given by S(P) = (p/7) - (5/7). Suppose that the market for donuts is perfectly comeptitive. What are the equilibrium price and quantity? ..
Illustrate what can you say about the change in equilibrium price and quantity.
q. new manufacturing technologies are often viewed as labor saving in nature. using a production possibilities frontier
Use the IS-LM, AD-AS model to illustrate the short-run and long-run effects of an unexpected decrease in the money supply. [Assume that the economy moves immediately to the new intersection of the IS & LM curves.] Repeat part a assuming that the decr..
Thunder mountain concrete and building materials is trying to bring the company funded portion of its employee retirement fund into compliance with hb-301. the company has already deposited $300000 in each of the last 5 years. if the company increase..
q1. what are the advantages and disadvantages of austerity?q2. leadbelly co. sells pencils in a perfectly competitive
Determine the price elasticity of demand if, in response to an increase in price of 25 percent, quantity demanded decreases by 55 percent. Is demand elastic or inelastic?
Consider the model of three-period-lived individuals. Suppose the two-period real rate of return on captial is X=1.44, the rate of population growth is n=1.1, and the rate of fiat money creation is z= 1.2. Find the following net rate for both one and..
Consumer surplus is
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