Reference no: EM131744515
Assignment
Overview:
Answer the following questions. Use the rubric below to prepare your paper.
Questions:
1. Contrast the ideas of nominal and real GDP. Why is one more reliable than the other for comparing changes in the standard of living over a series of years? Use the concept of real and nominal GDP to compare the years 1980 and 2015. Which year was a better year for the economy and why?
2. What are the 4 phases of the business cycle? How long does a business cycle last? What causes each phase?
3. How does the size of the multiplier relate to the size of the marginal propensity to consume? Does this relationship have any relationship to economic policy?
4. Draw the aggregate demand and aggregate supply graphs in a three-panel model: In the first graph, show aggregate demand on the graph and aggregate supply in the immediate short run. In the second graph, again show aggregate demand, but this time show aggregate supply in the short run. Finally, in the last panel, show aggregate demand and aggregate supply in the long-run. Be sure to label each axis and each curve in each graph.
Discuss the following by referring to your graphs: 1) What are the determinants of aggregate demand and aggregate supply? 2) Why do the aggregate demand, aggregate supply (immediate short run), aggregate supply (short run), and aggregate supply (long-run)curves slope the way they do? Finally answer the question: What is the overall point that the graph model explains.
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Discuss thesis statement for your peers to review
: discussion, post your thesis statement for your peers to review and answer the questions below
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Describe the basic control process
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How does the value of a share of stock depend on dividends
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Management and planning tools are quite useful
: Management and planning tools are quite useful. Which of three primary techniques do you think is most universally applicable for TQM?
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What are the four phases of the business cycle
: What are the 4 phases of the business cycle? How long does a business cycle last? What causes each phase?
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Determine the method of setting their communications budget
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What do you do in your spare time
: What do you do in your spare time, what is the greatest challenge your generation will face
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What is the amount of the intercompany profit or loss
: On 1/3/x6, Pylux sold equipment costing 100000 to its 100%-owned subsidiary, Sylux, for 80000. At the time of the sale, the equipment had been 50% depreciated.
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How has your understanding of the nature of change
: How has your understanding of the nature of change, its challenges, and your perspective about leading changed based upon what you have learned in this course?
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