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What is Keynesian cross? How aggregate demand and output gap are related. Explain in the light of Keynesian cross diagram.
What role is government trying to play here What is an externality How does the government of Costa Rica change an externality into a tool for economic development and caring for the environment. How does the government lead the market and lead ch..
Illustrate what effort does the principal want to induce when effort is not observable. Illustrate what is the optimal contract for the principal.
What are comparable real salaries? A job paid $57,000 in 2002. The CPI in 1960 was 29.6, compared to 179.9 in 2002. In 1960, what salary would be comparable to 2002's $57,000 in real terms?
Using the information you gathered, discuss whether you believe the country is on a good course of economic growth and whether the macroeconomic policies are helping achieve this growth.
how much of an environmental resource it should use. Develop a simple graphical model that shows this quantity fully explaining what both the marginal benefit and marginal cost curves mean, and fully explaining conditions for maximizing net benefi..
Describe the economic foundation of the U.S. healthcare delivery system
Identify an image from popular culture, fine art, advertising, television, or the internet that exhibits characteristics of propaganda as defined in the lecture.
With a beta equal to .85 and a risk-free rate of 5%, if the required return on Navistar, Inc. is equal to 9%, what is the required return on the market, rM , assuming the market is in equilibrium?
Essay on Market imperfection associated with negative externalities.
Using the simple Keynesian model to assess the implications for equilibrium GDP and the level of savings of an increase in the savings function. What eventually happens to the level of savings? What would happen to equilibrium income if there is a su..
Suppose, during the last year, in a closed economy (net exports=0), consumption expenditures were $20 billion, investment was $12 billion, government purchases were $20 billion, and the underground economy produced $10 billion worth of goods and serv..
Suppose you earn $1 million over your working life and the real interest rate for retirement saving is 50%. How much will you save and how much will you consume in each part of your life?
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