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1) Is fractional reserve banking good or bad in your opinion?
2) Should the Federal Reserve be independent or dependent of the government in your opinion?
One supply-side measure introduced by the Reagan Administration was a cut in income tax rates. Use an aggregatedemand/aggregate supply diagram to show what effect was intended. What might happen if such a tax cut also shifted the aggregate demand ..
Suppose that a firm that is expanding its output has a very large total fixed or sunk cost. What will happen to its average total cost as it expands output Can you think of any firms or industries in which this is likely to happen
There is a list of figures for a given year in billions of dollars. Using this data, compute the NDP , NI, PI, DI or net exports.
Rent Payment, Food, Utilities, and All Other. Your program should add the amounts, display the total, and compute and display the percentage for each category. Dollar amounts should be displayed with two decimal places and percentages should be di..
What do these numbers tell you about the phase of the business cycle in the United States, Euro area, and Japan in 2008? What do these numbers tell us about the relative size of the natural unemployment rates in the United States, the Euro Area, an..
If she apportions some resources to each then she can produce any linear combination of chickens and potatoes that lies between those extreme points. If James devotes all his resources to growing potatoes, he can raise 80 pound of potatoes per yea..
ABC Company received the data below for its rodent cage production unit. Find the total productivity.
It is the measure adopted by the Government for its UK inflation target. The Bank of England's Monetary Policy Committee is required to achieve a target of 2 per cent. Inflation is the percentage change in the index compared with the same month one..
Two identicial countries Alpha and Beta can be described by the IS-LM model in the short run. The governments of both countries cut taxes by the same amount. The Central Bank of Alpha follows a policy of holding a constant money supply.
Illustrate what are the 2 policy options used to influence the economy
Why is "Brand Name" important when a firm is operating under conditions of monopolistic competition Is there a cost associated with the variety provided by firms operating under conditions of monopolistic competition
Efficiency is a hot topic in the media regarding transportation, energy, and many other industries. Elucidate how perfectly competitive markets use or do not use resources efficiently.
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