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Answer 2 questions
1. Explain why real GDP might be an unreliable indicator of the standard of living
- Answer not more than 250 words and add 2 academic references ( Harvard referncing style)
2. Why does unemployment arise and what makes some unemployment unavoidable?
- Answer not more than 250 words and add 2 academic references ( Harvard ref style)
Define and explain the money multiplier. Identify the change to the money supply in the following situation: The required reserve ratio is 12.5 percent and the Fed increases the monetary base by $100.
Assume you have the power to make reforms to the way tax research and planning is currently conducted. Propose the reforms you would make. Justify your response.
By examining the t-statistics associated with the regression coefficients, at the 5 percent significance level, which of the two independent variables are statistically different from zero?
Explain how do economists distinguish between the absolute and relative sizes of the public debt. Why is the distinction important.
Describe the current state of the U.S. economy using the two monetary aggregates (M1 and M2) currently published by the Federal Reserve. In your description, illustrate the trends of the two monetary aggregates. Evaluate what the Federal Reserve Bank..
Find the demand for L and R. (Hint: Use your result from part 3 and the budget constraint.) Now assume that the price of right shoes increases. What will be the substitu- tion eect from this price change? Explain.
q.recently there has been great controversy about some state governments attempting to use eminent domain to tear down
During the history of social science research, according to Kristen Luker , date analysis has changed. How it has changed?
In the book, American Nations by Woodard, The union of States was quite fragile in the late 18th century and early 19th century with strong regional rivalries and cultural differences between Yankeedom and neighbors to the South, especially Tidewater..
Consider the following market QD= 15-2P QS= 5P-2.5, with the government imposing a tax of 1.4 dollars per unit. Find the consumer, producer and total surpluses. What is the tax burden for each of the market participant?
If the money supply increases too rapidly then, Monetary policy probably affects all of the following except, Which of the following is not a channel of transmission of monetary policy?
A monopolist like Spago (a famous Hollywood restaurant frequented by movie stars) can fully pass on all the marginal cost increases to its diners through higher prices since it is a price maker and can charge any price it wishes. True, False, or Unce..
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