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An article on the Chinese economy in 2012 notes that business inventories had been increasing. As a result, the author argued: "China's growth rate will not be as robust as it has been over the past few years, as the economy needs to work off this excess supply." What does the article mean by "work off this excess supply"? Why would the result be a reduction in China's growth rate?
In 1998, Mark McGwire hit 70 home runs while playing for the St. Louis Cardinals. In 1999, McGwire hit 65 home runs. This decrease in marginal(home runs per season) product led to an associated decreas
Describe the monetary policy tools the Federal Reserve uses to stabilize the economy and maintain price stability. Based on the information you researched from Federal Reserve publications, present and justify your own economic outlook for the next..
the mortex company assembles garments entirely by hand even though a textile machine exists that can assemble garments
What might the advocates of the new proposal be thinking about the elasticity of demand for public transportation?
The rational expectations theory indicates that expansionary policy will:
The following statements describe either a stationary or non stationary series. Indicate which statement is stationary and which one is non stationary series.
Which large area of the U.S. has between 40 and 80 inches of annual precipitation?
consider the following class of estimatorswsuba 1a1y11a2y21a3y31a4y4 where ai are the constants.a what restriction on
1. what assumptions about preferences imply that indifference curves have the bowed-in shape they are assumed to
When calculating its CPI, Econville uses a market basket that includes 4 apples and 2 bananas. If Ellen, a resident of Econville, had her money in the bank earning an annual interest rate of 1.5%during that time, what was the real interest rate app..
Now suppose the two doctors play this game twice. Also, suppose each doctor can play one of two strategies: it can play either "always charge the low price" or "tit for tat"- that is, it starts off charging the high price in the first period
If a company invents a process that saves 280,000 per year - how much can the company afford to invest if they need to earn 20% per year and they want to recover their investment over a 10 year period of time
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