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If the IS curve does not shift when autonomous consumption increases by $100 MM and autonomous taxes increase by $200 MM, what can we infer about the marginal propensity to consume?
Consider what you have learned about the root causes, as identified by leading economic thinkers and policymakers.
George and John, stranded on an island, use clamshells for money. Last year George caught 300 fish and 5 wild boars. John grew 200 bunches of bananas.
A county is considering using a piece of park land for one of two alternative recreation projects.
Consider the types of non-tariff trade barriers and determine which has the most detrimental effect on the U.S. economy from the standpoint of the domestic consumer. Explain your rationale and support it with specific examples.
Suppose you have a production technology that can be characterized by a learning curve. Every time you increase production by one unit
Compare and contrast the possible consequences for an economy of inflation and deflation.
Illustrate what is the fed funds rate in the banking system. Explain how the Fed manipulates this rate in order to achieve macroeconomic objectives.
Four students from your economics class are sitting in a local restaurant Talk about the marketplace for coffee.
Illustrate what are the advantages and disadvantages of acquiring inputs through this means. Give example not used in the textbook that uses this method of processing.
What are the four factors which both expected and unexpected,perpetuate the business cycle.
Explicate why the government expenditure multiplier is different from the tax multiplier.
One day you realize you're tired of smelling like refried beans all the time and begin thinking about starting your own business. After doing some investigation you decide to spend 15 hours per week running a photocopy service in your dorm.
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