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The researches tools and technologies to solve the problem of business cycle can be related to inflation and unemployment?
the knowledge you have collected in this course on monetary and fiscal policy actions, critically describe the transmission process.
Suppose that a politician tells you about a plan to create two expensive but necessary programs to build more production facilities for solar power and wind.
Write down the effect on the real wage and hours worked in the short run.
E-books and the paper book versions of the same books are substitutes. Assume that copyright holders originally demand a higher price for e-books than for paperback books. Then they relent and allow publishers to sell e-books for a lower fee.
We are in the midst of a slow growing economy in the aftermath of a severe recession. During the economic downturn many businesses laid off workers very quickly once they forecast their sales were dropping. What is the economic reasons behind cutt..
Labor and the cost of materials necessary to make each phone is about $75.00. This year, a competitor has developed a similar phone that has significantly reduced demand for the new phone. Now, the original manufacturer is deciding whether they sh..
Explain the following statement: ‘The Common Law system is much more adaptable to social progress than the Civil Law system'.
Consider a closed economy with public sector. Let time be discrete. Because we shall concentrate on income taxation rather than lump-sum taxes
Suppose that you believe that the average rate of inflation over the next 20 years will be 3.5 percent. Would you by the nominal or the inflation-indexed bond?
Show how to derive the Cournot equilibrium in this market, and report the resulting levels of production for each firm and market price.
Please reproduce the circular flow model below and label the four major economic agents. Also separate your model into the three parts
Learning economies involve cumulative production over time and the economies of scale involves rate of production per period. Learning economies involve rising average costs and economies of scale involve falling average costs as a result of highe..
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