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Part II : True or False ? Give your JUSTIFICATION WHY.
1. Wage indexation is a good mechanism to fight inflation induced by either demand or supply shocks.
2. With high responsiveness of investment to interest rate and low sensitivity of speculative money demand to interest rate, the monetary policy is more efficient than fiscal pol.
3. In the case of adverse supply shocks, the real wage will decrease when the output returns to the full-employment level (4).
could someone with moderate industry-specific knowledge but low competency in business skills be successful as an
Consider Bob, he washes his car by hand rather than taking it to the local car wash. When asked why he washes it by hand, Bob explains "you should never pay for something you can do yourself." Evaluate the validity of Bob's statement.
it seems most everything we buy these days has the label made in china. china has become the second largest world
Economic fluctuations (or business cycles) are fluctuations in the level of economic activity, relative to a long-term growth trend. Comparing and contrasting the economic fluctuation the United States has experiences from 1990 to current date.
question 1. the world price for baseballs is 24 per dozen and almost all of them are produced outside the u.s. suppose
twenty-five children in fallsburg elementary school with a population of 60 pupils received their immunization against
three months ago you purchased at par a 100000 bond with a stated interest rate of 5. today the federal reserve
Monetary policy is carried out by the Federal Reserve. Describe how they use the three tools, reserve requirement, open market operations (Fed. Fund rates) and Discount Rates. Be sure to explain the players involved in each tool, the benefits of e..
GDP and Circular Flow
dave bought a rental property for 200000 cash. one year later he sold it for 240000.a- what was the return on his
Suppose we have an economy in which G = 100, t = 0.26, Y = 3800, and YN = 4000. Then t rises to 0.28 as the same time as G rises to 1150. The overall impact of this resettling of the fiscal variables is ________ because ________.
With food on the horizontal axis and clothing on the vertical axis, identify on a graph the set of points that give Bridget the same level of utility as the bundle (10,5). Do the same for Erin on a separate graph.
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