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Stablization Policy
1. Explain implementation lags and differentiate inside versus outside lags
2. Explain automatic stabilizers
3. Explain forecasting
Question 1: Define money and discuss its various functions. Is debit card money? What about credit cards? Why? Why not? Explain.
"Because firms in any industry can always make greater profits by colluding, there is an inevitable tendency for competitive industries to become cartels over time." Is the first part of this statement correct? Is the second part? Explain.
You have been asked to assist your organization's marketing department to better understand how consumers make economic decisions. The role asymmetric information has in many economic transactions.
Assume NJ government decides to impose a $1,000 per student tax on colleges Every college has to pay $1,000 for each student enrolled.
On average, what was the hourly wage of "total private" and "manufacturing" in December 2007, June 2009, and August 2017?
What are the recent macroeconomic developments after 2010? or new contributions in macroeconomics
Draw a set of cost curves including AVC, ATC, and MC curves. Graphically show what will happen to these curves if technology improves, making it possible for the firm to use less labor.
A source of conflict in international trade is a potential trade-off between free trade and a desire to protect domestic residents from potentially harmful products, such as substandard drugs. Briefly outline one way that nations might cooperative..
What are the determinants of population growth? How do these factors affect economic growth? What is your prediction for global population and what policies do you recommend?
The U.S. trade deficit is currently running over $50 billion per month. Explain why this is bad for the country in the long run. Compare the view of the older GATT treaty, and more recently, the World Trade Organization, of how trade deficits sho..
Suppose a firm is contemplating an investment with an acquisition cost of $2,100 and an economic life of 11 years. Further suppose the stream of Expected
By how much will each firm reduce its SO2 output? Which firm will buy permits, which firm will sell them, and how many permits will be exchanged?
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