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Like supermarkets, full-service department stores like Macy's are generally in decline. What factors might these types of stores have in common behind their declines? How would you determine which were important and which were not?
Compute the employment rate (i.e., number employed: population) in each year? How can employment rate may go up or down in the unemployment rate stays the same? How can employment rate go up if unemployment rate also goes up?
What will be the effect of this change in policy on both the real and the nominal interest rate in the long - run?
What are the advantages and disadvantages of a fixed exchange rate system. What are the pros and cons of a floating exchange rate system.
Elucidate how the steepness of the short run aggregate supply curve affects the government's ability to use fiscal policy to change real GDP.
Illustrate the infant industry argument for putting up barriers to imports. What are its merits and weaknesses.
Determine, how the following will affect the slope of the output demand curve, and explain your results:
Assume Bank A, which faces a reserve requirement of 10%, receives a $1000 deposit from a consumer.
Utlizing the aggregate demand and aggregate supply model, draw an economy in a boom.
At a product price of $56, will this company produce in the short run? If it is preferable to manufacture, what will be the profit-maximizing or loss-minimizing output?
In addition, pi* is the central bank's target level of inflation , and b is some positive parameter. This rule states that the central bank raises the real interest rate above its long-run level when inflation is above its target and lower when it..
Illustrate what are the four stages of the Business Cycle. Compare and Contrast five internal and external Business Cycle theories.
Is demand for movie tickets elastic or inelastic? What is the change in the total revenue from the sale of movie tickets.
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