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1.Based on your understanding of the aggregate supply and aggregate demand model and the IS-LM model.
a. graphically illustrate and explain what effect an decrease in the money supply will have on the economy. In your graphs, clearly illustrate the short-run and medium run equilibria.
b. When output is less than the natural level of output, explain what adjustments will occur in the labor market and discuss what effect they will have on output and the price level.
A bank announces that it has changed its interest computation method to continuous compounding. Now $2000 left in the bank for 9 years will double to $4000.
Real GDP equals 5000, nominal GDP equals 10,000 and the price level equals 2, then what is velocity if the money stock equals 2000?
Was company's strategy appropriate? Was the organization structure appropriate? What is the internationalization influence in the company's performance?
In 1878, the U.S. Census Bureau reclassified "homekeepers" (primarily women who stayed at home to look after the household) from employed, productive workers to "dependents" and put them in the same classification as retired adults. 1 What would t..
Anne faces an uncertain World with two possible states, good and bad. In the good state she has money holding MG and in the bad state, she has money holdings MB. We will write the money bundle M = (MG, MB). The good state is realized with probabil..
Economic theory tells us that (under reasonable assumptions) a rise in the government budget deficit raises interest rates. Show how the debt is monetized if the Fed tries to maintain stable interest rates
What is the long-run equilibrium market price and quantity - what is the long-run number of firms in the industry? How much does each produce? What are their profits?
What are the financial markets and what purposes do they serve and what are financial intermediaries? How do these intermediaries function in the economy?
Suppose that in a certain population of married couples 30% of the husbands smoke, 20% of the wives smoke, and in 8% of the couples both the husband and the wife smoke. Is the smoking status (smoker or nonsmoker) Is the smoking status ? Why or wh..
Describe the issues that were important in the 2004, 2008 and 2012 elections, but analyze whether or not there were differences in the way that the candidates campaigned and in the American electorate.
(a) Discuss the growth of the nursing home industry, (b) determine if the current supply of long-term care facilities will be sufficient to meet the rapidly expanding elderly population, and (c) discuss the overall quality of care in these fac..
you were appointed to manage the production facility of your new factory in saint john. a think tank estimated the
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