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Problem
1. What will happen under flexible rates if the intersection of the IS and LM curves is below (or to the right) of the BP curve? Why?
2. What exogenous real and financial factors influence the position of the BP curve?
3. Under what capital mobility conditions is fiscal policy totally ineffective in influencing income? Explain why this result occurs.
What is an information criterion? Intuitively, what two factors do information cri- teria try to balance? Which regression is preferred by AICc? By BIC?
an economic bad is something you dont want to consume i.e. less bad is better. define an economic bad mathematically
How is Comparative Advantage related to the value of trade. What do you get out of trading with others
Describe the experience in the project, what were the solutions used to address the problem - was the case you described a special-cause or common-cause?
If the customer surplus is small, does it mean that the demand will be greater for regulation or the supply will be smaller for regulation.
Comparing U.S. trade with Canada and India, is trade with Canada more likely to be based on comparative advantage or economies of scale? Why? How about India?
suppose that a researcher using wage data on 250 randomly selected male workers and 280 female workers estimates the
In Market One it is P1 = 20-Q1 where P1 is the price charged in Market 1 and Q1 is the quantity demanded in Market one. In Market Two it is P2 = 15-1.5Q2 where P2 is the price charged in Market 2 and Q2 is the quantity demanded in Market Two. Marg..
Establish algebraically whether this production function exhibits increasing, decreasing, or constant returns to scale
GRAND RAPIDS, Mich. - Kellogg Company on Monday said its earning growth 17.3% in the 2nd quarter on strong firm wide sales growth, beating Wall's Street's expectations.
Expansion and contraction are commonly utilize terms in economics and the media.
Diversity and multiculturalism are important aspects to consider in this global environment. It is critical to understand how one's perspective toward multiculturalism and diversity affects an organization.
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